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 Model N Ford Model N The Ford Model N is an automobile produced by Ford Motor Company; it was introduced in 1906 as a successor to the Models A and C as the company's inexpensive, entry-level line. It was built at the Ford Piquette Avenue Plant. The Model N diverged from its predecessors in that it was a front-engine car with a four-cylinder engine. The 15 hp straight-four drove the rear wheels via a long shaft. This was also the first American car to use vanadium steel. The car had a wheelbase of . A successful model, 7000 cars were made before