Story of the automobile: Its history and development from 1760 to 1917: With an analysis of the standing and prospects of the automobile industryBarber, H. L. (Herbert Lee)
History
Story of the automobile: Its history and development from 1760 to 1917: With an analysis of the standing and prospects of the automobile industry
Barber, H. L. (Herbert Lee)
Automobiles -- History
In the six years Ford remained with the Detroit Automobile Company it
put out only two or three cars. In 1901 Ford severed his connection
with the company, which shortly became the Cadillac Automobile Company,
and is now the Cadillac Motor Car Company. The Cadillac has had a
successful career, and is one of the cars of which a particularly large
number has been sold.
Leaving the Detroit Automobile Company, Ford started a machine shop
of his own, and in 1902 produced a car with a 90-inch wheel base, and
which is now regarded as standard gauge, using the two cylinders, 4 ×
4, and a double opposed engine.
After much difficulty he got money from half a dozen persons and
organized the Ford Motor Company with a capital of $100,000. At first
he owned only 25-1/2 per cent of the stock, but later he borrowed
$175,000 and bought 25-1/2 per cent more, and still later by paying 700
per cent of its face value, secured 7-1/2 per cent more, which makes
his holding in the company at this time 58-1/2 per cent of the stock.
The first Ford car to be a commercial success was put out in 1903, and
the record of production of Ford cars to date is as follows:
Year. No. Cars.
1904 1,708
1905 1,695
1906 1,599
1907 8,423
1908 6,398
1909 10,607
1910 18,664
1911 34,528
1912 78,440
1913 168,220
1914 248,307
1915 308,213
1916 533,921
In 1916 the Ford production was over one-sixth of the 3,000,000 cars in
use in the United States. In that year he produced nearly one-third of
all the passenger cars made in that year.
Ford’s car was a small, low priced car from the start. Haynes’ was a
larger and higher priced car. Winton’s was likewise a large and more
expensive car.
A RAIN OF AUTOMOBILE MAKERS.
The year of the Spanish-American war—1898—saw the beginning of a
veritable rain of automobile manufacturers in the United States. In
that year the Stanley, Stearns, Thomas, Matheson, Winton, and the
Waverley Company entered the field.
In 1899, there appeared the Locomobile Company, Olds, Baker-Electric
and Pierce-Racine (later absorbed by J. I. Case and now the Case car).
In 1900, Packard, Peerless, Glide, National Electric, Lambert, Elmore,
Babcock, Jackson, Knox and Lane were entrants in the lists.
In 1901, Acme, Gaeth, Pierce-Arrow, White, Royal Tourist,
Stevens-Duryea, Waltham-Orient, Pope-Toledo, Welch, Pullman and Rambler.
In 1902, Cadillac, Franklin, Pope, Studebaker, Sultan, Okey, Walter and
Schacht.
In 1903, Ford, Auburn, Overland, Moline, Premier, Corbin, Bergdall,
Holsman, Columbus and Chadwick.
In 1904, Buick, Cleveland, American Napier, Stoddard-Dayton, Marmon,
Mitchell, Jewel, McIntyre, Pittsburgh Electric, Ranch & Lang and
Simplex.
In 1905, Alco, American, Dorris, Johnson, Jonz, Kisselcar, Maxwell,
Monarch, Reo, Studebaker, Garford and American Mors.
Public-domain text, read in full here on John Shaqi.
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