The Life of Henry Ford Henry Ford once said, “I will build a motorcar for the masses…constructed of the best materials, by the best me to be hired, after the simplest designs that modern engineering can devise…so low in price that no man making a good salary will be unable to own one and enjoy with his family the blessing of hours of pleasure in God’s great open spaces.” (Willamette 1) This is one of his most memorable yet earliest public quotes in history, that can easily sum up his whole life. Ford was much more than a person who made cars. Henry Ford was born on July 30, 1863 on a farm near Greenfield Michigan where he lived a normal childhood. At thirteen years old Ford became obsessed with the “horseless carriage”, after he witnessed a steam engine rolling down the street on its own (Lacey 8). Ford, was a curious child, one day he ran up to the engineer and asked him many questions.
July 1903, The Model A (The first car), was sold to Dr. E Pfennig for $850. Ford continued to build cars and soon later came out with the models C, B, and then F. In 1908, Ford built the Model T which was selling faster than every other car they were selling. So fast that Ford couldn 't keep up with manufacturing them. The Model T was light weight, had a fast speed, and was strong. Henry used Vanadium steel in the Model T which was much stronger than other steels.
Couzens was able to start out the company with $28,000 in cash, and $21,000 in notes. The Ford Motor Company came out with the model A, the model B, and the model K in their beginning years. However, most of these cars were too expensive for the common man. So Ford decided that he would make a car that was affordable to the ordinary worker. For a few years, Ford and his technicians began building their next and most important car in history.
The automotive industry may be based on the fickle nature of the consumer but there is clearly a way to eliminate the waste factor by streamlining manufacturing plants. Flexible manufacturing has already put Ford on the right track. Costs have been decreased by 3.2 billion dollars and have pushed Ford into the black with profits of 1.4 billion in 2003. Ford now has the ability to make nine different vehicles at the same time and can change manufacturing platforms with much less downtime and costs. The Ford line of trucks is poised to take over its foreign competition because they were willing to accept a certain level of risk to achieve a great reward.
Oldsmobile began using assembly lines in 1901. However Ford did something that drastically sped up the process. Ford mass produced parts for his vehicles and created the moving assembly line which took the average build time of one vehicle from twelve hours down to one and one half hours. By doing this Ford was able to speed up production and lower production cost. Ford could now not only sell the Model T for a significantly lower price than other automobiles but he could sell thousands more than his competitors.
But he stuck to his goal and finally in 1908, began production of the Model T. Ford gradually adapted the production line until in 1913, his plant incorporated the first moving assembly line. Demand for the affordable car soared even as production went up: before Ford stopped making the model T in 1927, 15 million had been sold, and Ford had become the leading auto manufacturer in the country. In addition to the moving assembly line, Ford revolutionized the auto industry by increasing the pay and decreasing the hours of his employees, ensuring he could get enough and the best workers. During the Model T era, Ford bought out his shareholders so he had complete financial control of the now vast corporation. He continued to innovate, but competitors (growing more powerful though fewer in number) began to cut into Ford's market share.Ford became interested in politics and as a successful and powerful business leader, was sometimes a participant in political affairs.
Production skyrocketed for the Model T and by 1918, half of America had purchased these inexpensive and readily available cars. In 1919, Ford made his son Edsel as the president of the company, but Ford still kept control of the company’s day to day operations. That same year, Ford stopped making the Model T and invented the New and improved Model A , which had better horsepower and brakes, and better overall improvements. By this time, Ford had sold 15 million Model T’s and had opened plants that manufactured the Model
Henry Ford was born on July 13, 1863 in Greenfield Township, Michigan, United States. He was an American industrialist and the founder of Ford Motor Company. Although Ford did not invent the automobile or the assembly line he developed and manufactured the first automobile that many middle class Americans could afford. As owner of the Ford Motor Company, he became one of the richest and best-known people in the world. He is credited with "Fordism"- mass production of inexpensive goods coupled with high wages for workers.
The world knows this company because of how Henry Ford got his company to where it is now, how it is a unique company, and it rebounded time and time again. Ford was and is the greatest car company. It is here to stay. One major reason why his company got to where it is now is because of the assembly line. This all began when Henry was working as an engineer that gave him time after work to go home and work on his gasoline engines.
This $5 a day was a lot of money back in this time this would be $110 a day in present time. And he thought that this raise in pay would make the people who worked for him to invest in the Ford Motor Company. And this would make t... ... middle of paper ... ... just United States to all over the world. And they have created many types of models since back then. They have made the way for all of the other company’s pretty much that we have today.