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Henry Ford began your journey of Ford motors around 1903. Since incorporation in the organization, Ford motors has exploded to become one of the biggest players from the automotive industry. During the past 100 plus years, Ford has been successful pushing limits in automotive technology as well as in introducing cars which have gained the loyalty of numerous consumers.
FUN FACT!! The very first Ford sold was to Dr. Pfennig in 1903, for any grand total of $850. The "Model A" were built with a 2-cylinder engine and can reach a max speed of 30 mph
The recognition factor is not something which is completely to Ford. The truth is, in 1903, the 1st Model T was introduced that gained immense popularity. The demand am high the company was required to get innovative using its mass production methods. In 1911, Ford went across the oceans and established a branch in Manchester, England. To satisfy the improved demand and require for convenient production, Ford Motors changed history within the automotive industry by introducing the first moving assembly line at the Highland Park Assembly Plant around 1913. The first assembly line has 140 assemblers who worked along a 150-foot line to collect the various components. Through the 1920s, the organization has over 20 overseas assembly plants across the globe and was the largest automobile producer in the us.
In 2008, once the three big automakers – Ford, Automobile and Chrysler were facing major financial issues, The usa government have to the rescue by offering federal funding through TARP (Troubled Assets Relief Program). Ford was the only real organization that’s capable of survive the tough serious amounts of did not file for bankruptcy. Since then the organization has been steadily advancing and leaving its mark around the industry.
Since the turn from the decade, Ford continues to be purchasing manufacturing fuel-efficient models. It is often successful to produce cars that have top rated while at the same time being eco-friendly. Today, Ford is among the leading sellers for hybrid and electronic cars in the united states.
Since 2018, Ford has announced it will be phasing out its passenger cars and concentrate on creating electric cars, hybrids, pickups, and SUVs. It is also working towards bringing advanced technology to produce consumers’ driving experiences comfortable and luxurious. Ford will be returning the popular Ranger and Bronco from 2019, as well as a Diesel version of the F-150 truck.
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