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 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