ford didn't create, but it perfected the mechanization, which transformed the industrial revolution. things went downhill with the stiff competition from gm and chrysler in the 1920s. by world war ii, president franklin roosevelt as the arsenal of democracy. ford motor is credited with a pivotal effort in the war by churning out warplanes and military cars as fast as one an hour. another key point came after the war. ford created a post-war classic, the '49 ford. that move marked a new era for the company, and put it back on the map. by 1957, ford becomes the top-selling brand producing 1.68 million cars. its sales reach an all-time high 15 years later. after introducing a wave of new cars in the 1970s, '80s and '90s sales slowed down to the point in 2006, ford is forced to undergo major restructuring, and they mortgage all of the assets to raise $23.4 billion in credit to finance part of the operations. it reaches a low point the next year when ford reports losses of $12.7 billion, because that is where things really begin to turn around. under mulally who took over as ceo five years ago, ford has drastically transformed the lineup from big trucks to smaller cars. and that brings us back to today, and ford's