Henry Ford II with Mazda was well developed even before the end of HF2's period of influence. However, in Iacocca's view, it lagged several years behind GM and Chrysler, due to Henry Ford II's unappealable influence, before others led it forward despite his resistance. HF2's management style caused the company's fortunes to fluctuate in more ways than one. For example, he allowed the offering of public stock in 1956, which raised $650 million for the company, but the "experimental car" program instituted during his tenure, the Edsel, cost the company almost half that. Likewise, HF2 hired the creative Lee Iacocca, who was fundamental
Ford Model K was offered, the Model K produced over eighty five percent of Ford Motor Company's new car profit (1906 Ford Motor Company internal audit records). In 1907, the second, and primary sales year of the Model K, almost five hundred Model K were sold, the best selling six cylinder model in the world. As period journals reported, Ford Motor Company went in another direction, moving to one chassis, a mid priced car, the Model T, leaving the multi-line business model used by most auto makers of the period. However, sales and profits from the Model K helped Ford Motor Company become