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 Fairlane (Americas) Ford Fairlane (Americas) The Ford Fairlane is an automobile model that was sold between 1955 and 1970 by Ford in North America. The name is derived from Henry Ford's estate, "Fair Lane", near Dearborn, Michigan. Over time, the name referred to a number of different cars in different classes; the Fairlane was initially a full-sized car, but became a mid-sized car from the 1962 model year. The mid-sized model spawned the Australian-built Fairlane in 1967, although in that market it was considered a large car. For the 1955 model year the Fairlane name replaced the Crestline as Ford's premier full-sized