Ford celebrates 100th anniversary of world's first moving assembly line
On the 100th anniversary of the moving assembly line invented by Henry Ford, the founder of Ford Motor Company, the US-based automaker has announced plans to boost global production by one-third to eight million vehicles annually by 2017.
To achieve this target, Ford will be expanding its manufacturing capabilities and introducing newer technologies.
Bill Ford, executive chairman, Ford Motor Company said, "One hundred years ago, my great-grandfather had a vision to build safe and efficient transportation for everyone. I am proud he was able to bring the freedom of mobility to millions by making cars affordable to families and that his vision of serving people still drives everything we do today."
Currently, Ford builds vehicles on 15 platforms. Come 2017, virtually all Ford vehicles will be built off nine core platforms. By 2015, Ford plans to open more than half-a-dozen assembly and engine plants. Two of these, an assembly plant and an engine plant, are set to come up in Sanand, Gujarat.