September 24, 1908
The first factory-built Ford Model T was completed on this day, just one more step in Ford’s affordable revolution. Affectionately known as the “Tin Lizzie,” the Model T revolutionized the automotive industry by providing an affordable, reliable car for the average person. Ford was able to keep the price down by retaining control of all raw materials, and by employing revolutionary mass production methods. When it was first introduced, the “Tin Lizzie” cost only $850 and seated two people.