Ford transformed the car business by paying his employees more and having them work less hours, which allowed him to hire more and better workers. Ford bought out his owners during the Model T period to gain full financial control of the enormously enormous firm.
On December 1, 1913, Henry Ford installs the first moving assembly line for the mass production of an entire automobile. His innovation reduced the time it took to build a car from more than 12 hours to one hour and 33 minutes.
