- In the 20th century, General Motors outcompeted Ford.
- Ford was the early innovator, but GM was able to improve on Ford’s achievements to become dominant.
- The same dynamic is now playing out between GM and Tesla, with electric cars and autonomous vehicles.
About a century ago, give or take a decade, the Ford Motor Company was the American carmaker. Its Model T was the first successful vehicle for everybody, and its founder, Henry Ford, was the greatest businessman in history, warts and all.
At the time, General Motors was a disorganized cluster of brands, while Ford was cranking away. That all read more >>>