Tag Archives: cars

How were Henry Ford and Adolph Hitler alike?

More than being anti-semitic, the Nazi warlord and the American inventor of the assembly line had a number of characteristics, tactics and goals in common. Both Henry Ford and Adolf Hitler needed absolute control in their ventures. And to that point, they got rid of anyone who suggested alternatives to their visions by employing muscle [...]

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How did Ford Motor lose half its market share?

While Henry Ford may have innovated the automobile industry with assembly lines, fair wages and affordable cars, it was Gaston Chevrolet who developed the first inexpensive closed car. Ford – who had fired anyone who even suggested developing a successor to the Model T – couldn’t compete because the frame of the Model T was [...]

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How many times did Henry Ford go bankrupt before making it big?

If at first you don’t succeed… declare bankruptcy and try again. Before he made a name in the automotive industry, Henry Ford made some business missteps and had to file for bankruptcy. Twice. The first time Ford had to file was with his Detroit Automobile Company which was backed by three prominent politicians (who Ford [...]

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