Ford After Model T
(Henry Ford)
In 1915 Ford in a effort to end WWI Ford lead a peace expedition through Europe which failed. In 1918 Ford entered into politics running for U.S. Senate on the Democratic ticket he also failed at that. In 1921 after a severe financial crisis he began to make high-priced cars and founded branch firms in England. In 1945 Ford stepped down as leader of Ford Motor Company and his son Edsel Ford took over as president of the company. Henry Ford died April 7,1947 in Detroit,MI. (Biography.com) & (nytimes.com)
What Made This a Turning Point?
This was a turning point point because it a was the first time the world had seen inventions as such. No business before had thought of the assembly line. Another reason that made this a turning point was because before this the real only land transportation for the average person was by horse. Finally this became a huge turning point in history because although Ford did not create the first car but he made the first car affordable for an everyday man.
Ford Company Today
(Ford symbol today)
This past October because of big losses in Europe Ford Company reported a flat profit in the third quarter. Today Ford is the third largest American auto maker.(nytimes.com) Today the head of Ford Motor Co. is no longer a Ford rather Alan Mulally, who before joining Ford was VP of The Boeing Company.(Ford.com) Also Ford Company is worth around $130 billion dollars.(ycharts.com)