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  Economics
gears Mechanical Industries
 
CONTENTS
Walter Percy ChryslerWalter Percy Chrysler retired from the Buick Motor Company at the age of 45, and then almost immediately salvaged the Willys-Overland Company from bankruptcy. In 1924 he unveiled the Chrysler Six automobile, which by 1928 had become the cornerstone of the Chrysler Corporation.
Henry FordHenry Ford introduced the Model T in 1908. Initially sold for $850 each, he was able to reduce the price to $290 by 1915. By the time the last Model T rolled off the assembly line in 1927, some 15 million of them had been sold.
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