A Brief history of Ford
Not plenty of businesses have had a similar impact on the world as a positive motor company that was begun on the 16th June 1903.
Henry Ford and 11 business associates signed an agreement that would lead them to become of the largest corporations in the world. With this agreement and $28,000 in funds the foundations were laid for the Ford Motor Company, a company that would go on to change the lives of millions of people all over the world.
Ford soon realised it was losing sales to GM and Chrysler as they had vehicles that spanned plenty of niches, from the cheap finish of the market right through to luxury cars. People could stay loyal to these brands by upgrading their vehicles as they became more prosperous, so in 1925 the Ford Motor Company bought out the Lincoln Motor Company and Ford were then able to offer luxury vehicles as well as vehicles for the lower finish of the market. Other acquisitions were made and in 1938 Ford added the Mercury brand to their growing line up, giving them a foothold in the mid range marketplace and now customers could stay loyal to the brand no matter what their personal circumstances were.
Henry Ford quickly realised that the company's future depended on mass-produced vehicles at affordable prices and they achieved this with the first production line for cars. This was achieved in 1913, years after the launch of the now world famous Model T Ford. Up to this point automobile manufacturers moved the workforce round the plant to complete various stages of manufacture. However Henry Ford came up with a solution that is still used today, where the vehicle is moved through each stage of the manufacturing method and workers repeat the same task over and over, allowing each individual worker to become far more efficient, and in becoming so, much faster. Amazing success followed and nineteen years after the launch of the Model T, Ford had sold an brilliant 15 million units.
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With the event of the Second World War, Ford's production methods were used to bolster the war work and nowhere was this illustrated better than in the production of the B-24 Liberator Bomber.
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