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ON THIS DAY 31

On This Day In History, May 26th, 1927 Henry Ford and the Ford Motor Company produce the last (and 15th million) Model T Ford / Tin Lizzie
Profession: Ford Motor Company Founder
Nationality: United States of America
American
Why Famous: Henry Ford introduced the Model T Ford automobile in October 1908, the world's first mass-produced car. In producing an automobile for the middle classes instead of just for the wealthy, Henry Ford help change American society forever.
Prior to this Ford had spent many years perfecting different engines and models, including leaving an original company bearing his name that later became the Cadillac Automotive Company.
The Model T went on to sell over 15 million units. Ford was able to achieve this by developing his car assembly line through mass production, the first significant industrialist to do so.
Henry Ford is also remembered for establishing a minimum wage of $5 a day in 1914, raising the daily rate from $2.34 for most workers. It was a sensational move at the time aimed at acquiring and retaining the best workforce.
In later life, Henry Ford rested on his laurels and when he didn't adopt the Model T to customers wants he was overtaken by competitors before releasing the updated Model A in 1927.
A man of often conflicting character, Ford is also remembered for his pacifism during World War I and his promotion of antisemitic views.
Born: July 30, 1863
Birthplace: Greenfield Township, Michigan, USA
Star Sign: Leo
Died: April 7, 1947 (aged 83)
Cause of Death: Cancer
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