Ford Motor Co. AG
Until 27 January 1950 all Ford's European operations other than in the USSR were run from Dagenham and owned by Ford Motor Company Limited, Dearborn's 55% owned subsidiary. In Ford Motor Company Limited's published reports to their British shareholders Germany and the other Ford European interests were referred to as 'the associated companies'. These associate companies had been established in order to allow for substantial holdings by local shareholders. On the outbreak of the second world war those shares in Ford Motor Company AG not belonging to German shareholders were placed under the control of the German Commissioner for dealing with enemy property.
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Famous quotes containing the words ford and/or motor:
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