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May 26, 1927
Henry Ford and the Ford Motor Company produce the last (and 15th million) Model T Ford / Tin Lizzie
The Ford Model T is an automobile that was produced by the Ford Motor Company from October 1, 1908, to May 26, 1927. It is generally regarded as the first mass-affordable automobile, which made car travel available to middle-class Americans. The relatively low price was partly the result of Ford's efficient fabrication, including assembly line production instead of individual handcrafting. The savings from mass production allowed the price to decline from $780 in 1910 (equivalent to $26,322 in 2024) to $290 in 1924 ($5,321 in 2024 dollars.
BTW:
In the early 1900s, car dealers would try to create publicity for their new automobiles by hosting car races. In 1922 a championship race was held in Pikes Peak, Colorado. Entered as one of the contestants was Noel Bullock and his Model T, named "Old Liz." Since Old Liz looked the worse for wear, as it was unpainted and lacked a hood, many spectators compared Old Liz to a tin can. By the start of the race, the car had the new nickname of "Tin Lizzie."
To everyone's surprise, Tin Lizzie won the race. Having beaten even the most expensive other cars available at the time, Tin Lizzie proved both the durability and speed of the Model T.
Tin Lizzie's surprise win was reported in newspapers across the country, leading to the use of the nickname "Tin Lizzie" for all Model T cars. The car also had a couple of other nicknames—"Leaping Lena" and "flivver"—but it was the Tin Lizzie name that stuck.
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