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Introduction Ford Motor Company is one of the premier automotive manufacturing companies in the world It is most famous for demonstrating the strengths of mass-production assembly lines when it was founded in the early 1900s Today it is the worlds largest truck maker and the one of the biggest maker of cars second only to General Motors Some the brands it makes cars under include Jaguar Lincoln and Volvo the company is also well known for its own Taurus and F-Series pickup Hoovers 2000 Most notable has been its success with the sports-utility vehicle SUV market its introduction of the Explorer led to rapid growth in the sales of this new breed of vehicles Visit External environment The global IT bust and stock market collapsecobe ber sebebew orbe bek i The bursting of the IT bubble has forced IT companies all over the world particularly in the United States to write-off billions of dollars One estimate is that IT companies have lost US 1 trillion The accompanying collapse of global stock markets has eliminated an additional US 11 trillion from share prices since their peak in 2000September 11 and its aftermath Prior to the terrorist attacks on the United States on September 11 2001 there were some signs of recovery Inflation was low giving banks the chance to adjust Interest rates had been substantially cut and the response by economies was positive The terrorist attacks have caused tremendous losses to the finance industry The global airline industry has cut back hugely Components suppliers have been hit But it is continuing political uncertainty that is taking the highest toll The car industry has not been too badly affected by the depressed global economic scenario although there have been slight declines in sales in the United States and Europe The power of environmental regulations Due to the spread of environmental concerns specifically there are numerous regulations addressing the environmental impacts associated with automobiles
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