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The Ford Motor Company is incorporated. With 12 investors and 1,000 shares, the company had spent almost all of its $28,000 cash investment by the time it sold the first Ford Model A on July 23, 1903. But by October 1, 1903 Ford Motor Company had turned a profit of $37,000.
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand.
On June 16, 1903, Henry and 12 others invested $28,000 and created Ford Motor Company. The first car built by the Company was sold July 15, 1903. Henry owned 25.5% of the stock in the new organization. He became president and controlling owner in 1906.
May 26, 2013 · Explore the chronology of the Ford Motor Company from their first sale of a two-cylinder Model A in 1903 to the celebration of their 100th anniversary in 2003.
Jan 23, 2006 · Since the company's founding in 1903, the name Ford has been synonymous with the automotive industry. Company founder Henry Ford Sr. became known for innovation, transforming cars into...
Nov 9, 2009 · Hulton Archive/Getty Images. While working as an engineer for the Edison Illuminating Company in Detroit, Henry Ford (1863-1947) built his first gasoline-powered horseless carriage, the...
Founded in 1903 by visionary industrialist Henry Ford, Ford Motor Company introduced the first affordable car, the Model T, in 1908, and the moving assembly line six years later. Ford’s mass production methods rapidly led to the direct and indirect creation of jobs, first topping 100,000 in 1923.
