Ford named America's 'most iconic' company by Time ahead of GM [USA TODAY]
Ford Motor Company (F)
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Source: USA TODAY
Ford Motor Co. and General Motors topped Time's America's Most Iconic Companies list published on Jan. 8 to coincide with the country's 250th birthday — with Ford being named in the top spot. The honor comes as the two Detroit automakers have had to make considerable changes to their business strategies in recent weeks to adjust for policy changes out of Washington, DC, and a lower-than-expected demand for electric vehicles. But Time said in an article , which listed the top 101 iconic companies, that it was looking for companies that have had financial success and an impact on the nation's culture. The magazine said that within those 250 years, the United States became "an incubator of globally relevant companies and brands, and an economic powerhouse." To showcase that legacy, Time and Statista conducted a nationally representative survey of U.S. residents to rank the 250 American companies. The ranking considered both a company's commercial success as well as having a vital
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