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However, there were internal frictions in the company. Most investors, both Malcomson and Gray included, had their own businesses to attend to; only Ford and Couzens worked full-time at the company. By early 1906 Malconson sold his shares to Henry Ford. Gray died in1906 and his position as Ford’s president was taken over by Henry Ford.

Ford’s first automobile (in 1903) was the Model A with six cylinders and under the floor engine. It was known as “the gentleman’s roadster” and “the silent cyclone”. In the first season the company sold 1,708.

Thereafter Ford became increasingly interested in speed. In 1904 he build an experimental racing automobile called the 999, which reached 91.4 mph. He also produced the Model C the same year only later introducing the Model B for $2000. These models were improved in

1905 with the Model K that sold for $2500.

The famous Model T, or Tin Lizzie (in 1909), became extremely popular for the next 18 years due to its price of $850, fuel consumption, engine size, and speed in 40-mph range. More than 15 million cars were made under Ford between 1908 and 1927. It became the allAmerican automobile, Production increased rapidly over the years. As Ford continued to produce they expanded into Great Britain, France and Germany. Ford became a strong automobile company but needed change as they realized their only color was black. In 1927 the Model T left the market leading to new and highly innovative automobiles to be created.

The Model A became the next popular car but caused a three-month changeover period while production occurred. The price of the Model A was $450, while 4.5 million cars were sold in the next four years. Many cars were introduced over the years featuring new styles. The

Model A and B were both sold with larger engines and greater amounts of horsepower. Also hydraulic brakes, column changes, and suspensions were introduced to better the company’s profits.

After World War II production slowed down until the entrance of the 1949 line. At this time power units were new along with the automatic transmission in 1950. Great automobiles were manufactured in the coming years. The sporty Ford Thunderbird was introduced with 5.1 litres and capabilities of 113mph. In 1958 it became a convertible with five seats and strengthened structure. Major restyling occurred in the late 1950’s with such automobiles as the Falcon, a compact car, with the help of General Motors and Chrysler.

During the 1960s competition increased and Ford had to become innovative in order to remain one of the top manufacturers. They put their minds together to create The Ford Mustang in 1964, a compact car with four seats, at a price of $2480. The automobile had 4.7

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litre engine with speed exceeding 110mph. The car was a great success selling over 500,000 in the first years and a half on the market.

During the coming years Ford realized its potential. They have created some great cars including the Thunderbird, Model T, Fairlaine, Galaxie, Falcon, and Mustang. They have also increased their production well into the 1980’s and further with offering of four wheel drive pickup tracks and all terrain vehicles such as the Bronco, Jeep, F series, and Ranger. They become increasingly aware of needs for change such as colors,, convertibles, hardtops, and number of doors. With increased production, innovative styles, low prices, and customer satisfaction Ford Motor Company is the world’s third largest manufacturer of automobiles.

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