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Henry Ford: 1913 to 1920
🕰️✨ Let's take a journey back to the remarkable years of 1913-1920, when Henry Ford revolutionized the automotive industry and paved the way for a new era of the automobile. 🚗🌟 #ThrowbackToTheFordYears
In 1913, Henry Ford created the first moving assembly line for the automotive industry. He modeled his assembly line after the meatpacking industry and saw large productivity gains as a result. Consequently, he was able to pay his workers more for their time.
In 1918, thanks to dispute with the Dodge brothers who were shareholders since 1903, Henry Ford stepped down from serving as president and handed the role off to his son, Edsel Ford.
After threatening to start a new company, the Dodge brothers sold their shares to Ford and Ford came into complete control of the company.
In 1920, the company restructured itself and had a record year, selling over 900,000 vehicles.
#henryford #ford #history #americanhistory# #dodge #fordhistory #assemblyline
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