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 Piquette Avenue Plant Avenue Plant, a leased factory off of Bellevue Avenue in Detroit. The Bellevue Avenue Plant was used until 1908, by which time almost all manufacturing of major components for Ford Motor Company cars was taking place at the Piquette Avenue Plant. Model N production began at the Piquette Avenue Plant in July 1906. That same month, Henry Ford bought the Ford Motor Company shares owned by fellow company co-founder Alexander Malcomson. While Malcomson was with the company, he and Henry Ford disagreed over the type of car that the company should produce. Malcomson preferred expensive cars, like the Ford Model