The change removes 20% of parts to cut costs, improve quality and increase production speed, executives said. The process ...

1903: Henry Ford creates Ford Motor Co. 1904: Ford builds the Piquette Avenue Plant in the Detroit neighborhood of Milwaukee Junction, just east of Woodward Avenue. The plant was made of brick and ...

Introduced in 1908, the Ford Model T revolutionized the automobile industry. Not only was it the first affordable and mass-produced car, it was also a rugged and highly versatile vehicle. And it has a ...

Nestled beside a bustling roadway lies a forgotten slice of automotive history, a sprawling field home to over seventy Ford ...

It's easy to forget just how revolutionary the historic Ford Model T was. The car itself was, of course, a huge success, with over 15 million of them manufactured between 1908 and 1927. With ...

Cast your mind back to a time when the automobile was still considered a novel invention. The Benz Patent Motorwagen debuted in 1886, representing more of a technological curiosity than anything. The ...

Ford produced about 15 million Model Ts in the 19 years between 1908 and mid-1927 before introducing the upscaled Model A to the world on December 2, 1927. It took several months to switch tooling ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The story of the Model T is central to how Detroit became the Motor City. Here are some fast facts about Ford Motor Co.'s early days, the Model T and early factories. 1903: Henry Ford creates Ford ...