The Model T was Ford's first automobile mass-produced on moving assembly lines with completely interchangeable parts. When introduced, the T used the building methods typical at the time, assembly by hand, and production was small. Only 11 cars were built during the first full month of production. By 1914, the assembly process for the Model T had been so streamlined it took only 93 minutes to assemble a car. That year Ford produced more cars than all other automakers combined. The assembly line system allowed Ford to sell his cars at a price lower than his competitors due to the efficiency of the system. As he continued to fine tune the system, he was able to keep reducing his costs.
The Ford Model T was produced from October 1, 1908.
http://en.wikipedia.org/wiki/Ford_Model_T
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