Ford Motor Company
Some of the key events about Ford Motor Company
- 1903Founded the Ford Motor Company in Detroit, Michigan
- 1908Introduced the Model T, revolutionizing affordable automobile production
- 1913Implemented the moving assembly line, greatly increasing production efficiency
- 1914Introduced the $5 workday, doubling the average worker's pay
- 1914Implemented a $5 per day wage policy that excluded women and certain minority groups
- 1917Produced the first Ford truck, expanding into the commercial vehicle market
- 1919Acquired and subsequently shut down the Lincoln Motor Company, eliminating competition
- 1927Discontinued the highly successful Model T without an immediate replacement, causing temporary market loss
- 1932Introduced the Ford V8 engine, bringing powerful engines to mass-market vehicles
- 1941Began mass production of B-24 Liberator bombers for World War II effort
- 1941Accused of providing material support to Nazi Germany before and during World War II
- 1956Ford Credit was established, leading to concerns about predatory lending practices
- 1964Launched the iconic Ford Mustang, creating the "pony car" class of American automobiles
- 1970Rushed the release of the Ford Pinto, which had serious safety defects leading to fatal accidents
- 1978Recalled 1.5 million Ford Pintos due to fuel tank design flaws that could cause fires in rear-end collisions
- 1979Introduced the Ford Escort, the company's first front-wheel-drive car in North America
- 1980Faced a class-action lawsuit over transmission problems in its 1976-1979 model cars
- 2000Recalled 13 million Firestone tires used primarily on Ford Explorer SUVs due to tread separation issues
- 2004Unveiled the Ford GT supercar, showcasing the company's advanced engineering capabilities
- 2012Recalled over 1.1 million vehicles due to potential fuel leaks and fire hazards
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
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