Ford vs Chevy

1297 words 6 pages
Ford vs Chevrolet
Ford and Chevrolet (Chevy) are in the automotive industry and have been in completion for many years start back in 1908, both companies started in the state of Michigan and have been battling it out for profits, market share and hometown bragging rights. Ford was founded in the suburb of Dearborn, Michigan and Chevy was founded in Flint, Michigan.
Ford and Chevy both are good-producing sectors, they both manufacture automobiles that are similar but different.
They each have a mission statement, Ford’s mission statement “One Team, One Plan, One Goal.” Ford’s mission statement is defined to each part of the statement, One Team meaning people working together as a lean, global enterprise. One Plan meaning aggressively
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Economic
Ford
Ford Motor Company has suffered just as the rest of the auto industry in the past years. Their ability to maintain a level of business that enabled them to stay afloat when others were taking handouts was an example of their ability to adapt to changing economic circumstances. Not only was the auto industry hammered during the recession of 2008, Ford Motor Company's ability to stay above water with their financing capabilities was impressive as well.
Chevy
The automobile industry has a huge impact on every country’s economy. This industry is the major user of computer chips, textiles, aluminum, copper, steel, iron, lead, plastics, vinyl, and rubber. The study also showed that for every autoworker there are seven other jobs created in other industries. These industries include anything from the aluminums to lead to vinyl.
Political
Ford
Ford has taken a stand and not taken government handouts that most car companies did, they reconstructed the company by closing plants and selling other automotive companies they owned.
Chevy
Chevy is committed to being a responsible corporate citizen, to ensuring compliance with the letter and spirit of the law, and to promoting disclosure and accountability regarding political contributions and expenditures.

Legal/regulatory
Ford
Ford has taken care of all the necessary precautions to make sure that their vehicles pass the inspections of the

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