The first ford was launched in 1908 and the price of the base model was $ 850.Henry Ford worked relentlessly on innovations such as the conveyor belt,and brought the price down to $ 500 in 1914.By 1924 ,the base model was selling for just $ 290, a third of its original price.
This price cut made ford the biggest producer of car in the world.
Monday, August 6, 2007
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