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Evolution of Ford Company

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Evolution of Ford Company

The Ford Motor Company (FMC) is an American multinational automaker based in Dearborn, Michigan. The automaker was founded by Henry Ford and incorporated on June 16, 1903 with $28,000, eleven men, and Henry Ford as Vice President and Chief Engineer of the company. This was only the beginning of what was to become a pioneering automaker whose prominence in innovations would transcend the auto making industry and transform Ford Motor into the leader it is today

Initially, when Ford Motors first open its doors they were only producing three cars a day. In 1908 the company produced the famous Model T, a reliable and affordable vehicle for the mass market. Ford drove and raced this vehicle at every opportunity to prove how reliable it was. The success and the growing demand for the Model T was possibly the inspiration that led Ford to seek faster alternatives for mass production and in 1913 introduced the conveyor-belt assembly line. The incorporation of the conveyor-belt was possibly Ford’s greatest contribution to the automotive manufacturing industry. First implemented at the Highland Park, Michigan, the new technique allowed individual workers to stay in one place and perform the same task repeatedly on multiple vehicles that passed by them. This had a tremendous impact on production and Ford Company that went from doing 3 cars a day, to one every 93 minutes. By the end of that year they had perfected the techniques so well that production was about 1 million cars or I car produced every 24 seconds. Fords is by far one of the most successful companies not only in the United States but the world. Its leadership and commitment to continuously focus on innovation, design and ingenuity led this company to become the power house auto maker it today. Unfortunately, success did not come without complications. Workforce and design issues

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