Henry Ford family sole ownership of the company. By the mid-1920s, sales of the Model T began to decline due to rising competition. Other auto makers offered payment plans through which consumers could buy their cars, which usually included more modern mechanical features and styling not available with the Model T. Despite urgings from Edsel, Henry refused to incorporate new features into the Model T or to form a customer credit plan. By 1926, flagging sales of the Model T finally convinced Ford to make a new model. He pursued the project with a great deal of technical expertise in design of
Ford Mk V Armoured Car range of 150 km (93 miles). After the prototype was built, inspected and passed, the remaining 13 Ford Mk Vs were built and sold by 1954. Fourteen were built in total with Peerless armoured car turrets and Hotchkiss .303 machine guns fitted. The vehicles were designed by Maj. J. V. Lawless and Comdt. A. W. Mayne, using ideas taken from the Rolls-Royce Armoured Car as well as from the Leyland Armoured Car. Ford Mk V Armoured Car The Ford Mk V Armoured Cars were built in Ireland by Thompson & Son of Hanover Works, Carlow. The Ford Mk V was