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On June 16, 1903, Henry Ford established the Automobile Company
On this day, 122 years ago, on June 16, 1903 (May 21, 1903 in the lunar calendar), Henry Ford founded the automobile company. Henry Ford and the cars he produced were of equal historical significance as the world's first powered flight. It was Henry Ford's decision to enter the automobile industry. Ford (1863 - 1967) built the world's first car in 1893, and has since made many improvements, transforming the car from a luxury handicraft enjoyed by a wealthy few to a means of transportation used by most people. His invention and subsequent large-scale assembly-line production completely changed the face of the automobile industry. On June 16, 1903, Henry Ford, who had been tinkering with vintage cars for years, established his own car company in Detroit, Michigan. He serves as the company's deputy manager and chief engineer. His name will be written on the front door of Ford Motor Company. Ford owns a quarter of the company's stock, and his main job is to design cars. His main partners were James Coorenes and the Dodgers brothers. There is no doubt that the formation of Ford Motor Company was a key turning point in the short history of automobiles. That same year, Henry Ford built his first Model A car, which could surprisingly travel at 30 kilometers per hour. Ford's invention aroused widespread interest. Ford was strongly supported by a group of unscrupulous businessmen who provided the company with a large amount of start-up capital and believed that this horseless car would bring them a lot of money. Ford became the company's vice president and chief engineer and owned its own shares. In 1908, the Model T car nicknamed "Little Cheap" was introduced and sold for US$850 each. From then on, Ford Motor took the lead in entering the ordinary class of people, and at the same time opened up a broader sales market for itself. More importantly, it marks another big step forward for mankind in the history of transportation. Ford's first license, Ford Motor Company, consists of 255 shares, can get a glimpse of Ford's grand occasion in front of the Ford Sales Company


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