1913: Ford opens second world branch in Argentina as Ford Motor Argentina 1914: Ford introduces $5 ($122, adjusted for inflation) wage for a workday – double the existing rate. 1918: Construction of the Rouge assembly complex begins.
UNIVERSITY OF LUZON COLLEGE OF ACCOUNTANCY Dagupan City 1919: Edsel Ford succeeds Henry as Company President. 1920: Ford temporarily shuts down due to low sales. After removing unnecessary administrative expenses and waste, Ford reopens. 1921: Ford production exceeds 1 million cars per year, nearly 10 times more than Chevrolet - the next biggest selling brand. 1922: Ford purchases Lincoln Motor Company for US $8 million ($117 million, adjusted for inflation). 1925: Ford introduces Ford Tri-Motor airplane for airline services, and a factory was built in Yokohama, Japan in February. 1926: Ford Australia is founded in Geelong, Victoria , Australia , 1927: Model T production ends, Ford introduces the next generation Model A , from the Rouge complex. 1929: Ford regains production crown, with annual production peaking at 1.5 million cars 1931: Ford and Chevy brands begin to alternate as U.S. production leaders, in battle for automobile sales during the Great Depression . 1932: Ford introduces the one-piece cast V8 block. It makes the Model 18 the first low-priced V8-powered car. In London Royal Albert Hall the Model 19, or as it was marketed Model Y, are introduced February 19. The first of a long line of small European Fords. 1936: Lincoln-Zephyr is introduced. 1938: The German consul at Cleveland awards Henry Ford the Grand Cross of the German Eagle , the highest medal Nazi Germany could bestow on a foreigner. There is some evidence Ford had Nazi sympathies, at least before World War II. He may have financed some Nazi activities, and was active in anti-semitic efforts. 1939: Mercury division is formed to fill the gap between economical Fords and luxury Lincolns. Operated as a division at Ford until 1945 1941: The Lincoln Continental is introduced. Ford begins building general-purpose "jeep" for the military. First labor agreement with UAW-CIO covers North American employees.
UNIVERSITY OF LUZON COLLEGE OF ACCOUNTANCY Dagupan City 1942: Production of civilian vehicles halted, diverting factory capacity to producing B-24 Liberator bombers, tanks, and other products for the war effort. 1943: Edsel Ford dies of cancer at the age of 49, Henry Ford resumes presidency. 1945: Henry Ford II becomes president. 1945: Lincoln and Mercury are combined into a single division. 1946: Ford sues the allies for damages done to his factories in Dresden during the infamous bombing, and wins compensation. 1946: The Whiz Kids, former US Army Air Force officers, are hired to revitalize the company. Automobile production resumes. 1947: Henry Ford dies of cerebral hemorrhage at the age of 83; Henry Ford II becomes new chairman.
- Fall '19
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