In 1918, the Ford Model T, accounted for over half of all cars sold. Through efficient assembly line production Ford disrupted the automobile industry by drastically reducing manufacturing costs to achieve a market share not previously seen and still to be surpassed. It took until 1972 for the VW Beetle to reach the Model T’s 1925 previous record of 2m vehicles sold in a calendar year.
24 Mar 2021
Posted by Barry Norris