Ford Motor Company through the Ages

The Model T Ford was known in every household as the “affordable auto” and Henry Ford set out on a dream to make the Model T a item in every driveway across America and be able to sell them by the multitude (Goss, 2014). However, this dream was not an easy feat for those who wanted the Model T. Henry Ford had to figure out a way to get the automobile to a more affordable and reasonable price that all Americans could handle. With the cost of a Model T in the early 1900’s being $850, approximately $21,000 in today’s market, Henry Ford had to figure out more ways to make the delectable vehicle even more cheaper (Goss, 2014). When Ford first made the Model T in 1908, he had the concept of a cheap car that was attainable to everyone with a very basic, sturdy structure with no additional options from the factory or even the choice of color (Science Odyssey, 1998). After still not being able to fit the cheaper bill that was needed, even after stripping the model to its basic bones, Henry Ford knew that he must find other ways to cut the cost of the Model T to make it more

Other manufacturers were content to target the wealthy American could buy, not even considering the middle or lower class. Ford developed a design and a method of making the cars that steadily and continuously reduced the cost of the car, the car being the Model T. Instead of pocketing the money from the cars Ford used it to make better and more efficient ways to build a car. As a result, Ford Motor Company sold more cars and steadily increased its earnings. Henry Ford somehow managed to change people from the looking at an automobile as a luxury, and more like a convenience

With the success of the assembly line, Ford was very please however he had a bigger goal set. Ford wanted to produce cheap cars for the common people to use. Ford made many different types of cars and experimented with each of them. They were all good but not good enough. After many different models, Ford achieved his goal with his invention of the Ford Model T. The Model T was a fully functional compact automobile with a good transmission and torque as well as comfort and size. Apart from that, the most important aspect of the Model T was that is was extremely cheap. As Sobel states,”...the model T was only worth $290 in 1924.” This was a huge

Ford’s dream was to produce a moderate priced, reliable, and efficient automobile, which came with the Model T in 1908.3 A company that started out small, now had over half of the car owners in America driving the Model T.1 It was easy to operate and maintain, it also handled good on rough roads. It was the most popular automobile in history, and over fifteen million were sold. With the Model T, Ford achieved his goal to make reasonable priced cars for the average person. 2

When you hear the word “Ford” more often then not people are going to think of automobiles. This is not surprising because a man gave

Ford entered into the automobile market many years ago and became the oldest car manufacturers. It is the first company which specialized in large scale manufacturing of the cars. The production of Ford cars is done in highly engineered way with the help of moving assembly lines.

As the manager of Ford Motor Company, Henry Ford said that their policy was to “reduce the price, extend the operations, and improve the article”. Ford wanted to mobilize America with the Model T. To do this, he had to cut prices to have the car be affordable to the average American. Instead of selling his cars as racing cars at exorbitant prices (as other sellers did), he cut the price or cars from $2000 to only $850. Along with this, his high quality products pleased customers and earned him more business and unexpected free advertising from those customers who found the Model T to be of superior making and usefulness.

Ford had once said, "I will build a car for the great multitude. No man making a good salary will be unable to own one, and enjoy with his family the blessings of hours of pleasure in God's wide open spaces." He held true to that pledge every day (Ingrassia). Ford took very good care of their workers. In 1914, Ford was paying his employees $5 a day, in 2011 this was equivalent to $110. At the time this was greatly unheard of, because of this the middle class was born (Ingrassia). Also by this time Ford had cut the price of his Model T to $250 while the competitors were still charging a whooping $300 (Ingrassia). Due to the low cost of the Model T, more and more people could afford to buy it for their family automobile. In 1922, one in every two cars in America was a Ford. This car was made in 19 countries, including Argentina, Australia, Brazil, England, Germany, India and Japan. Due to its vast popularity it was begun to be referred as “the first world car,” (Ingrassia). Ford was soon making waves all over, these waves began helping many people to pursue dreams they wanted just as Henry had pursued his dreams. In 1936, Ford and his family started the Ford Foundation to provide ongoing grants for research, education and development (“Henry Ford”). Even though the Fords greatly supported the welfare of others, Ford was also a committed anti-semite. His views made helped make him the great and helpful man he had become. Ford supported a local newspaper weekly so they could

Despite the very fact that the diagram for the innovative vehicle was perfect in Deutschland and France within the late 1800s, Americans dominated the business within the primary portion of the 20 th century. Henry Passage increased giant scale producing strategies that have to be compelled to be clearly commonplace, with Portage, General Engines and Chrysler rising because the "Huge Three" car organizations by the Twenties. manufacturers piped their assets to the military amid warfare II, and a short time later automotive creation in Europe and Japan took off to require care of demand. once essential to the event of yankee urban

Even though Germany and France perfected the blueprint for automobiles, America took the automotive industry by storm. Henry Ford created new ideas of mass-production techniques that soon became standard for Ford, General Motors, and Chrysler. Those three companies in the 1920s were the “ Big Three.” Manufacturers directed their resources to the military during World War II, however Europe and Japan battled with the demand.

You have probably heard in the latest gospel that Henry Ford has produced an automobile that is affordable to almost everyone. The new Ford Model T is what you need to make your commute back and forth to work. Ford has now made it to where the average day person can afford a car. They can enjoy it. You can now explore, find new places, and go on wonderful vacation. The new Ford Model T comes standard with a 177 cubic inch inline 4 cylinder. With top speeds of up to 45 miles per hour you can drive these babies anywhere. These Tin Lizzies also come with a three speed transmission to improve your gas mileage. Also with the 30 inch clincher tire the Fords can go anywhere, regardless of the terrain. Coming from the man himself “you can get

Henry Ford was an engineer from Detroit, Michigan who had an idea. By 1902, Ford had attempted several times to produce a gas powered vehicle, but with little capital, he realized that his attempts were futile. Ford approached a man by the name of Alexander T. Malcomson about the possibility of manufacturing an automobile. Malcomson, a friend of the family and wealthy coal merchant was reluctant at first but finally agreed with Ford, and decided to assit Ford financially with his endeavor. With Malcomsons investment and Ford's engineering skills a partnership was formed and in mid June of 1903, papers of incorporation for the Ford Motor Company were filed in Dearborn, Michigan.

Henry Ford incorporated Ford Motor Company on June 16, 1903 (H Staff, 2009). With 12 investors and 1000 shares, the company had spent almost all of its $28,000 cash investment by the time it sold the first Ford Model A on July 23, 1903 (F Staff, 2017). But by October 1, 1903, Ford had turned a profit of $37,000 (F Staff, 2017). Henry Ford was able to increase production thus increasing profits by inventing the first ever assembly line (H Staff, 2009). Ford operates in the stock market through the consumer durables sector and is a part of the motor vehicle industry with a market cap of $42.4 billion (FT Staff, 2017). Ford Motor Company engages in the manufacture, distribution, and sale of automobiles (CNN Staff, 2017). Ford is a globally run

Ford Motor Company is an American automobile manufacturer founded and headquartered in Dearborn, Michigan but incorporated in the state of Delaware. The company was started by Henry Ford in 1903 and is historically famous for the creation and implementation of the assembly line in manufacturing processes. Ford’s mission is to produce and sell automobiles – cars, trucks, SUVs, etc – from the ones initially designed and engineered by Henry Ford all the way through the newer versions created in the last few years. (Profitable Growth for All, 2012)

Founded in 1903, Henry Ford managed to get investor support to open the first manufacturing automobile company in Detroit, Michigan. Ford Motor Company has been known for its mass production of vehicles using a perfected assembly line method and its innovations in the automobile industry. Ford’s famous Model-T was developed as an innovative automobile that could be produced quickly, while keeping the cost to a minimum. This allowed people with a lower income the opportunity to afford an automobile. One of the biggest changes in the automobile industry occurred in 1913 with the introduction of a perfected assembly line method. This assembly line method was the one of the main reasons Ford Motor Company was able to keep the cost of vehicles and the production time to a minimum. Ford also took the first step to increase wages of their employees above the industry standard. Although it was still a very low value, Ford offered $5 per day which was a huge improvement from the $2.34 per day that most companies offered.