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 B (1904) Ford Model B (1904) The Ford Model B is an upscale touring car (with polished wood and brass trim) that was introduced in 1904 by Ford. It was built at the Ford Piquette Avenue Plant. It was Ford's first car to use the front-engine layout, with a large 24 hp 4-cylinder engine positioned at the front behind a conventional radiator. The smaller Model A-derived Model C positioned its flat 2-cylinder motor under the seat. Priced at $2000 (equivalent to $ today), the Model B was a high end car. Produced for three years, sales were predictably slower than the Model