At automotive parts are produced and sold out.

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At the age
of sixteen most teenagers are getting their licence and learning to drive, at
that age Henry Ford was hired to work as a student engineer but fired a week
later. That did not stop him to becoming the business man, leader and
entrepreneur he was. From the beginning of Ford’s automotive fad, he created a
business where his company Ford continued to earn money and make cars. In the
1920’s Ford’s business became a competitor and supplied job opportunities for
many citizens living in the Detroit area. Ford created many concepts, designs
and professions for the Americans working for him. Overall Ford had created a
business where he started out from a single country automotive brand and made
it a worldwide company. The automotive industry allowed Henry to succeed in
becoming a business man, take on hard tasks and ensure that his company will
grow. Since the begninng Ford has overcome many competitions.

Henry Ford was born in Greenfield Township,
Michigan on July 30, 1863. Ford left home at an early age because of his hatred
of working on his families farm. He loved dissembling and assembling anything
from clocks to machines. When he left home in the late 1800’s he went to
Detroit to work as an trainee for James F. Flower & Bro. and after with
Detroit Dry Dock Co. Before the 1920’s Ford’s business “Ford Motors” was
founded on June 16, 1903,  in Dearborn,
Michigan and is a worldwide automotive dealership in the United States, Canada,
Mexico, China, United Kingdom, Germany, Turkey, Brazil, Argentina, Australia,
and South Africa. Henry had become one of most noticeable America citizens of
the early-20th century, and began to take strong positions on social affairs
for the automotive industry. Henry became one of the prime money-making
companies in the world and one of the very few companies to survive the Great
Depression. This did not damage Ford’s Company because in May of 1927, Ford
laid off thousands of workers while he figured out a way to get back into the
marketplace. With the discharge of a brand new Model A, Ford came thriving back
into the market. When the stock market crashed in October 1929, Ford Motor Co.
was more advanced than most of its competitors in the industry. Thanks to the accomplishments
from the new Model A, the company survivied the first two years of the
Depression unharmed.

The
building where Ford Motors headquarters  was is know known as the Glass House . The
glass house is where products such an automobile,
luxury vehicles, commercial vehicles automotive parts are produced and sold
out. When Ford became its own company in 1903, three men worked on a car at a
time and only a few models were produced per day. In the early 1920’s, Ford
made a model of a plane, “Tri-Motor” and in 1922,  Henry M. Leland, a former associate with
Detroit Automobile Company founded Lincoln and was later purchased by the Ford
Motor Company.By 1921, Henry Ford sold 13 times more cars than the
“General Motors.” General Motor’s top car was the Chevrolet, which is the
competitor of Ford’s Model T produced in the years of 1908-1927. Ford’s business
in making Ford T models increased in 1922 producing 2,011,125 cars. Overall
this model was produced about 15 million times, averaging at a price of about
$350 dollars each. The last Model T came off the assembly line on May 26th,
1927. After that Ford closed all Factories in order tostock up on supplies for
newer models. Throughout the 1920’s Fords business had large increases in
sales, starting at about 1 million getting up to about 2.1 million in sales.

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The
automotive industry was a part of the mass market that benefited daily routines
and  encourage items that could make the
everyday life of the consumer easier. These items were previously used but are
now sold and produced at a reasonable price so that many Americans could afford
them. In the 1920’s the automobile industry was increasing in popularity. Henry
Ford’s Company brought the price down from $850 to $250, increasing the
employees wages in hope the they would use that money towards buying a new car.
Fun fact Ford also gave his employers Saturday and Sunday off to create time
for driving. During the 1920’s about $1,000,000,000 was spent on building
national highways throughout the country benefitting the automotive market.
Other wages averaged at about two dollars a day and Ford was providing them
with five dollars.

Ford
brought the assembly line into his factory in the 19th century. Instead
of a vehicle being made from start to finish by the same people, they were made
on assembly lines. Parts were added to the vehicle as it passed along the line
and the workers did not have to learn every part and its location,  so cars could be produced quickly and can be
sold at a lower price. The car industry led to the creation of many jobs in
factories. For every employee, there were several  more components that ere added to make the
line quicker. Ford had nearly 200,000 workers in 48 plants and making $ 1.47
per hour by the end of the decade. Daily, about 200 vehicles were produced in
the early 20’s but advanced to 165,000 cars produced per day due to the tools,
technology and progressionof the company.

Today, Ford
vehicles sell for higher prices averaging at $32,000 and making the company almost
4.6 million dollars as the yearly income. By the 1920’s, Fords business started
booming due to 23 million registerd drivers by the end of the decade. Henry
Ford’s investment and time in his company and the invention from Karl Benz, we
have created a society in which we highly rely on vehicles as transportation.
Unforuantly the age of eighty three Henry Ford died on April 7, 1947 and had to
turned over his business to his grandson Henry Ford the 2nd. Today,
Fordhas a yearly income of about $4,596,000

Henry Ford
became one of the largest automotive companies in the world  because of his skills and leadership. He took
risks such as buying other companies, lowering prices and obtaining a mindset
in which he wanted to make money. Ford took into consideration little details
such as the colour of cars to economic growth in the company. The success of
many models, stocks, and jobs in the 1920’s from Henry Ford is why the company
is still thricing today. “Failure is simply the opportunity to begin again,
this time more intelligently” -Henry Ford

 

 

 

 

 

 

 

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