Category: Automotive History
History and facts about Dodge Automobile. Dodge is an American product of minivans, automobiles, and sport utility vehicles produced by a Michigan-based automobile manufacturing company, the Chrysler Group LLC. The business has its factory in Auburn Hills in Michigan, and currently, its vehicles comprise the lower-priced symbol variants of the Chrysler-badge automobiles in addition to performance sedans, although for much of its survival, Dodge was the medium-priced product of the Chrysler Group above Plymouth.
History of Dodge Automobile
The Dodge Brothers Company was founded in 1900 by John Dodge and Horace, who were brothers. Subsequent to the founding of this Detroit-based business, it swiftly found work in manufacturing precision engine and chassis parts for the promising number of automobile companies in Detroit.
By the year 1914, Horace, the founder, had found a resolution by constructing the Dodge Model 30, the innovative four-cylinder sedan. It was promoted as somewhat a more upscale contestant to the Ford Model T, the ever-present vehicle. It was pioneered or made with several standard features that were later assumed.
Due to this, and the well-earned status of the brothers for the maximum quality automobile, transmission and motor components, they manufactured for another thriving vehicles, the cars of Dodge Brothers were positioned in second place for the United States sales in early 1916. That same year, Henry Ford determined to stop disbursing stock dividends in 1916 to finance the manufacture of his innovative River Rouge complex. This led the Dodge brother to file a court case to protect their yearly stock income of about one million dollars, in sequence, leading Ford to overthrow his investors. Then the Dodge brothers were compensated with US$25 million. In the same year also, Dodge Brothers automobiles won approval for stability while in operation with the Pancho Villa mission of the United States Army in Mexico.
Dodge Brothers vehicles sustained to the second place position in American sales during 1920. However, in 1920, John Dodge had suffered from by pneumonia during January, and Horace also died due to cirrhosis during December in 1920. With the bereavement of the founders, the business went under the control of their widows, who appointed Frederick Haynes, the long-time worker of the business as president of the company. The Model 30 car was introduced during this time, and it was developed to turn out to be the innovative Series 116. However, all through the 1920s Dodge slowly lost its position as the third greatest-selling auto manufacturer in the United States market.
Dodge Brothers developed as a foremost builder of light automobiles. They as well, entered into an accord whereby they promoted trucks, constructed by the Graham Brothers of Evansville in Indiana. Later, the three brothers manufactured Graham-Paige and Graham vehicles.
Stagnation in growth was turning out to be apparent, and the public reacted by dropping Dodge Brothers to fifth position in the industry by the year 1925 and later on to 7th position in the United States market. In 1925, the Dodge Brothers business was sold to Dillon, Read & Co., the renowned investment group, by the widows for US $146 million, which was the largest monetary transaction in history at the time.
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