Henry Ford's vision of the company
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Henry Ford's vision of the company
Yahoo Finance exclusively livestreamed from Ford Headquarters in Dearborn, Michigan as they unveiled Fusion Autonomous, Ford's first self-driving vehicle.
Sep 13, 2016
Henry Ford Ford Motor Company
Henry Ford was almost forced to create a brand new car company because the Dodge brothers were using his own profits to build a rival automaker. By 1916, Ford Motor Company was dominating the industry, with the Model T selling over 500,000 units, controlling 55 percent of the U.S. market, and generating 59 million dollars in profit, roughly 1.7 billion today. Instead of paying special dividends, Henry Ford shocked investors by reinvesting the money to lower car prices and build the massive River
1:22
Henry Ford was almost forced to create a brand new car company because the Dodge brothers were using his own profits to build a rival automaker. By 1916, Ford Motor Company was dominating the industry, with the Model T selling over 500,000 units, controlling 55 percent of the U.S. market, and generating 59 million dollars in profit, roughly 1.7 billion today. Instead of paying special dividends, Henry Ford shocked investors by reinvesting the money to lower car prices and build the massive River
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