His first automobile was completed
in 1896. The body was a small crude wooden box, it had a single seat, a
steering tiller, bicycle wheels, and an electric bell on the front. In 1903 he
founded the Ford Motor Company.
At first, like his competitors, he made cars that only the wealthy could
afford... displayed 300 characters
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But later he came to believe that every man, no matter what his income,
should own a car. This resulted in the inexpensive "Model T" in 1908. It
brought great financial success to his company. The Model T was in production
until 1927 when it was discontinued in favor of a more up-to-date model. While
in production the company sold over 15 million cars... displayed next 300 characters
In 1901 his car beat what was then the world's fastest automobile in a race before a crowd of eight thousand people in Grosse Pointe, Michigan. The publicity he received for this victory allowed Ford to finance a practical laboratory for refining his auto ideas...
After years of legal battles, Ford won his case in 1911, which made it possible for more people to become automobile manufacturers.
Ford was able to market the Model T to the general public because of his advanced production technology...
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