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Henry Ford founds the Ford Motor Company

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Under the leadership of Henry Ford, this new venture aimed to revolutionise the automobile industry by making cars affordable and accessible to the general public

Desk Report

Publisted at 8:53 AM, Sun Jun 16th, 2024

On 16 June 1903, the Ford Motor Company was officially incorporated, marking a pivotal moment in automotive history.

Under the leadership of Henry Ford, this new venture aimed to revolutionise the automobile industry by making cars affordable and accessible to the general public.

With an initial investment of $28,000 from twelve investors, Ford set out to produce a reliable, efficient, and cost-effective vehicle.

This foundational step paved the way for the introduction of the Model T in 1908, which would become a symbol of innovation and mass production, forever changing the landscape of transportation and American industry.

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