In short
On October 1, 1908, the Ford Motor Company began selling the Model T, a car cheap enough for ordinary Americans to actually buy. At $825—roughly $28,000 in today's money—it undercut rivals by hundreds of dollars. Henry Ford didn't invent the automobile, but he figured out how to build one fast enough and cheaply enough that millions of people could own one.
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What actually happened.
Henry Ford was an American industrialist and business magnate. As the founder of the Ford Motor Company, he is credited as a pioneer in making automobiles affordable for middle-class Americans through the system that came to be known as Fordism. In 1911, he was awarded a patent for the transmission mechanism that would be used in the Ford Model T and other automobiles.
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1 source- 1.Henry Ford
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