Ford Motor Company


Organization
after 1903
Description
The Ford Motor Company of Detroit was founded in 1903 by Henry Ford and sold the first Ford Model A on July 23rd. By October 1, 1903, the corporation had already turned a profit of $37,000, propelling the business into an industry leader. Even now, Henry Ford is still known for bringing the integrated moving assembly line to auto manufacturing in 1913, accelerating the speed of production from 12.5 hours to 1.5, greatly lowering the cost. For the past 100 years, Ford Motor Company has rolled out patrol boats, armored tanks, and ambulances for the war efforts, as well as airplanes, pick-up trucks, and muscle cars.
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