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The company was founded with a paid-up capital of $15,000 ($455,490 in 2019). [2] Henry Ford managed the manufacturing plant at 1343 Cass Avenue and Amsterdam in Detroit; [5] initially with no pay until he left his job at the Detroit Edison Company, after which he was given a monthly salary of $150 ($4,555 in 2019).
Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist and business magnate.As the founder of the Ford Motor Company, he is credited as a pioneer in making automobiles affordable for middle-class Americans through the system that came to be known as Fordism.
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand.
On 5 January 1914 the Ford Motor Company took the radical step of doubling pay to $5 a day (equivalent to $150 in 2023 [44]) and cutting shifts from nine hours to eight, moves that were not popular with rival companies, although seeing the increase in Ford's productivity, and a significant increase in profit margin (from $30 million to $60 ...
A mobile auto mechanic in Iran An auto mechanic at a garage in Kenya. An auto mechanic [1] is a mechanic who services and repairs automobiles, sometimes specializing in one or more automobile brands or sometimes working with any brand. In fixing cars, their main role is to diagnose and repair the problem accurately.
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