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Ford gt 2019 top speed. A month after the ford motor company was established the first ford car was assembled at a plant on mack avenue in detroit. Ford called the new car the model a commemorating ford motor companys first car the 1903 model a. The ford motor company is an american automaker and the worlds fifth largest automaker based on worldwide vehicle salesbased in dearborn michigan a suburb of detroit the automaker was founded by henry ford on june 16 1903ford motor company would go on to become one of the largest and most profitable companies in the world as well as being one of the few to survive the great depression.
This contributed to their growth in the 1920s. In order to combat fords success general motors offered automobiles in a variety of colours and with special features that were designed to fit the specific needs and wants of. By 1922 half the cars in america were model ts as their price dropped.
The car was the first vehicle to sport the iconic blue oval logo and it included innovative features like a safety glass windshield. Ford motor company entered the recession of 1920 1921 with considerable debt and when sales dropped precipitously a crises ensued. On may 1 1926 ford motor company becomes one of the first companies in america to adopt a five day 40 hour week for workers in its automotive factories.
Henry fords low priced mass produced model t available in only one colour and with few options was selling like hot cakes to car buyers. 1920 growth of ford 1920 the ford model t was the revolutionary new affordable car that would fit for all parts of society. By 1931 ford had sold over five million model as despite the difficulties of the great depression.
In the 1920s the ford motor company dominated the automotive industry.
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