Ford Motor Company
- Founded:
- June 16, 1903, Detroit, Michigan, United States
- Nationality:
- American
- Profession(s):
- Automotive Manufacturer
Early Life and Background
- The company was founded by Henry Ford and 11 associate investors with $28,000 in capital.
- Early investors included John S. Gray and Horace Rackham.
Career and Major Achievements
- Pioneered mass production techniques for automobiles, most notably the moving assembly line.
- Introduced the Model T in 1908, revolutionizing personal transportation.
- Established a $5 workday in 1914, significantly boosting worker wages and attracting a skilled workforce.
- Developed the Model A in 1927, replacing the Model T.
- Expanded globally, establishing manufacturing plants in numerous countries.
Notable Works
- Model T (1908-1927): A highly successful and influential automobile, making car ownership accessible to the middle class.
- Model A (1927-1931): A successor to the Model T, featuring updated styling and technology.
- Ford V-8 (1932): Introduced a powerful V8 engine to a mass-market car.
- Numerous other models including the Mustang, Taurus, F-Series trucks, and Explorer.
Legacy and Impact
Ford Motor Company's impact on the automotive industry and manufacturing is undeniable. Its pioneering mass production techniques revolutionized manufacturing processes worldwide. Understanding when was ford motors founded meaning placing the company in historical context to observe these achievements.
Significant Product Timeline
| Year | Model | Significance |
|---|---|---|
| 1903 | Model A (original) | First Ford automobile produced. |
| 1908 | Model T | Revolutionized personal transportation. |
| 1927 | Model A (new) | Replaced the Model T. |
| 1932 | Ford V-8 | Introduced the V8 engine to a mass-market car. |
| 1964 | Mustang | Introduced the "pony car" segment. |