What is the history of Ford?
2 Answers
Here is the relevant introduction about the history of Ford: 1. The birth of the company: Ford Motor Company was founded on June 16, 1903, when Henry Ford and 11 partners submitted the company's incorporation application in Michigan. Just a few weeks after its establishment, Ford sold a Model A car to a customer in Canada, marking the beginning of Ford's great journey to the world. Within ten years, Ford vehicles were sold across Europe, South America, and Asia. 2. Creation of the assembly line: In 1913, Ford Motor Company developed the world's first assembly line. This innovation enabled the production of the Model T to reach 15 million units, setting an unprecedented world record.
My grandfather used to tell me stories about Ford, saying this brand is practically a living fossil in the automotive world. Back in 1903, old Henry Ford started with just $28,000, when the streets were still dominated by horse-drawn carriages. His most brilliant move was introducing assembly line production in 1913, slashing car manufacturing time from 12 hours to just 1.5 hours. The price of the Model T plummeted from $850 to $260, turning cars from luxury items into everyday commodities for ordinary people. During World War II, Ford even produced bombers, with B-24s rolling off the assembly line at a rate of one per day. Once, at a museum, I saw the first-generation Mustang, and the salesperson said it received 20,000 orders on its first day in 1964. Later, the F-Series trucks dominated North American sales charts for over 40 consecutive years. If there's any regret, it's the stumble during the 2008 financial crisis when Ford nearly went bankrupt and had to restructure. But now, seeing Ford electric vehicles everywhere, it feels like this old brand still has plenty of fight left in it.