The Ford Model T was introduced in 1908 and was the first affordable, mass produced car. Over 15 million Model Ts were sold between 1908-1927. It had a 20 horsepower engine, top speed of 45 mph, and cost as little as $260 due to Henry Ford's moving assembly line production process. The Model T came in various body styles and was versatile, being used for farming, hauling, and adapted for other tasks like sawing wood. It was a very popular and iconic car that helped drive the growth of the American automotive industry in the early 20th century.