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Detriot Automobile company was found.
Sales were mediocre. -
Detroit automoble company changes to Henry Ford Company
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Henry Ford the founder of Ford Motor Company leaves the company with the rights to his name, and 900 dollars.
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Henry Ford Automobile Company is failed.
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Henry Ford begins a new company, with the name of Ford Motor Company.
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With spending more money than expected, the company needed to pay their part manufacturing companies. Therefore, they had gathered 12 investors to gain 1000 dollars. This was used to pay debts of previous work he did as well as his payments for his parts. Ford and his partner Malcomson retained 51% of the company.
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The earliest models of the car. Beginning with the model A, model K, and model S. all were sold at prices around $2500.
These prices were very controversial, as most cars coated around $200-500. -
Ford Motor Company and all their appointed shareholders receive a position in the company. The company rapidly produces profit, and company grow fast.
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Ford officially expands to Canada, with the name of "Ford of Canada."
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The Ford Model T was a huge success, as sales grew to the thousands in the first year. As demand rose, they had moved to several factories in order to meet the consumer demand. Sales rapidly grew until they were producing over a million a year in the 1920's. First use of "mass production" by Ford, as the model was assembled in only a few days hundreds at a time. The use of technology enabled the mass production, and factories were often called "Car assembly lines" as production was rapid.
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Ford moves on a global scale, expanding to countries like England, Ireland, South Africa, Denmark, Australia, France, Austria, etc... The company was able to see the demographics as well as the needs of the market for an efficient form of transportation. Becoming the market leader in the transportation industry, Ford abolished many methods of transportation such as the US cyclecar.
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Henry ford in 1915 move around the world joining pacifist groups to prevent WW1. Doing this, he grows in popularity, and so does the company. When the war erupts, Ford produces tanks and supply vehicles for allied troops in hopes of ending the war. He anticipates a change in times as the war comes, and adapts to the change into a business opportunity for the company.