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 U Ford Model U The Ford Model U was a concept car created by Ford. This vehicle was first introduced at the 2003 North American International Auto Show. This concept is one of a kind with its automatic features and recyclability. Ford wanted this vehicle to be a modern 21st century interpretation to the original Ford Model T. The Model U uses a 2.3-liter, four-cylinder supercharged, intercooled hydrogen internal combustion I4 engine which also uses a hybrid electric transmission. With this type of engine and transmission, this engine lived up to PZEV standards. The Model U's exterior is soy-based and the