The Ford Motor Company: A Mass-Production Method

Ford Motor Company was founded in 1903 by Henry Ford. The company remained a private company until January 1956, when public sale of the common stock was first offered. The company mainly manufactures passenger cars, trucks, and commercial vans. They have also been able to produce automotive parts and accessories. Company headquarters are located in Dearborn, Michigan
After the Ford Motor Company was founded, they began assembling cars in July 1903 at a plant on Mack Avenue, Detriot. It was not until five years later, in 1908, when the famed Model T was introduced. The constant growth in demand for this vehicle was the reason that Ford developed a mass-production method in order to create what we now know as economies of scale, where in producing

more cars, reduced the unit cost of each vehicle. Always a leader in the industry, Ford Motors were the first to establish a branch assembly plant in the U.S., open an overseas production plant in England and introduced the world to the first moving assembly line for cars.
By mid-1914 Ford had put over 500,000 Model Ts on the roads of the world; by 1923 Ford was responsible for producing over half of America’s automobiles; and, by the end of the 1930, Ford had over 20 overseas assembly plants scatter over the world. Ford had risen to the top of the list of world’s most popular cars. Ford did not settle on its laurels and during 1920s continued to improve the company. In 1922 Ford had acquired the Lincoln Motor Company (founded 1917), which would produce Ford’s luxury Lincolns and Continentals. In 1927 the company ended the Model T line and started production on the first new Model A. Growth did not stop there and in 1932 Ford produced its first V-8 engine. In 1938 Ford introduced its newest line of cars the Mercury, which was intended to be a winner in the medium-priced range.