The Cheapest Car Ever Built Outsold Every Luxury Brand
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The Cheapest Car Ever Built Outsold Every Luxury Brand
1908. Henry Ford had one goal. Build a car so cheap that the man who makes it can afford to buy it. The Model T cost $825 at launch. By 1925, Ford had driven the price down to $260. That's roughly $4,500 today. He didn't cut corners. He invented the moving assembly line, reducing build time from 12 hours to 93 minutes. At peak production, a new ...
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