10/10/2024
The story of Ford Motor Company is a tale of innovation and determination. Founded by Henry Ford in 1903, the company revolutionized the auto industry with the introduction of the **Model T** in 1908, an affordable, reliable car for the masses. Ford transformed manufacturing by developing the **moving assembly line** in 1913, drastically reducing production time and costs, making cars more accessible.
In 1914, Ford improved wages by offering workers **$5 per day**, boosting productivity and creating a workforce that could afford the cars they built. Although the company faced challenges, like the decline of Model T sales and the Great Depression, Ford continued to innovate, adapting to changing times.
Henry Ford's vision not only transformed the auto industry but also had a profound impact on society, democratizing transportation and revolutionizing manufacturing. Today, Ford remains a global automotive leader, continuing to push the boundaries of innovation.
