ABOUT THE CAR:
More than any other vehicle, the relatively affordable and efficient Model T was responsible for accelerating the automobile’s introduction into American society during the first quarter of the 20th century. Introduced in October 1908, the Model T—also known as the “Tin Lizzie”—weighed some 1,200 pounds, with a 20-horsepower, four-cylinder engine. It got about 13 to 21 miles per gallon of gasoline and could travel up to 45 mph. Initially selling for around $850 (around $20,000 in today’s dollars), the Model T would later sell for as little as $260 (around $6,000 today) for the basic no-extras model.
While Henry Ford had hoped to keep up production of the Model T while retooling his factories for its replacement, the Model A, lack of demand forced his hand. On May 25, 1927, he made headlines around the world with the announcement that he was discontinuing the Model T. On May 26,1927, Henry Ford and his son Edsel drive the 15 millionth Model T Ford out of their factory, marking the famous automobile’s official last day of production. (Excerpts taken from http://www.history.com/this-day-in-history/last-day-of-model-t-production-at-ford)