Ford Motor Co. (F) has been in the auto business since 1908. And from the Model-T to the F-Series pick up trucks, they have been producing cars we want to drive for a very long time.
In 1956, Ford went public and at the time, it was the largest IPO in history, but the road has been rocky as of late. The company is in the midst of layoffs and recently said it was going to focus on pickups, SUVs, and crossover vehicles only.
But as of late, the road hasn't been smooth for the storied automaker. JPMorgan Chase recently trimmed its 2019 full-year global production forecast, leaving investors less than road-ready.
Ford reported mixed financial results after expressing concerns about its international operations amid an $11 billion restructuring that will result in decreased production overseas. For more read Ford's Autonomous Plans Remain in Flux and I Don't See Ford's Stock Accelerating Anytime Soon from our sister site Real Money.
Interested in more Behind the Label?