1914-1924: In 1914, John and Horace Dodge brothers formed a new company, Dodge Brothers, Inc., capitalized with $5 million in common stock, and began building their own vehicles – the world’s first mass-produced all-steel touring cars. In 1915, more than 45,000 Dodge cars were built and sold, the best first-year sales record for a new …
Lexus belongs to the global Toyota family, whose members together constitute the world’s third-leading automaker. History August 1983 At a top-level, top-secret meeting, Toyota Chairman Eiji Toyoda determines the time is right to create a luxury vehicle to challenge the world’s best. May 1985 A study team visits the U.S. to conduct focus groups while …
Ford Motor Company entered the business world on June 16, 1903, when Henry Ford and 11 business associates signed the company’s articles of incorporation. With $28,000 in cash, the pioneering industrialists gave birth to what was to become one of the world’s largest corporations. Few companies are as closely identified with the history and development …
The Early Days Nissan has demonstrated a commitment to innovation since the company’s founding in 1933. Not only are Datsuns the first mass-produced Japanese vehicles, their unique, automotive style makes a major impact on the U.S. market when Datsun sedans and compact pickups are first imported in the late ’50s. 1914 The first Datsun is …
On 14 November 1899, August Horch (1868 – 1951) established the company A. Horch & Cie. in the Ehrenfeld district of Cologne. Here he developed his first car, which was completed at the beginning of 1901. The company moved to Reichenbach in Saxony in March 1902 and converted to a share-issuing company two years later, …
That goes for the company, too. Content with more than 20 years of pursuing perfection, it will use the upcoming GS to lead a philosophical change, an outlook it describes as “joy and leading edge.” We’re told that means the brand is moving beyond the Spock-like purely rational and toward emotional connections with buyers. Driver …
Hyundai’s first hybrid for the U.S. is the comparo- and 10Best-winning Sonata. The 2.4-liter inline-four is tuned to run on the more-efficient Atkinson combustion cycle, dropping output from 198 hp and 184 lb-ft to 166 and 154. In place of a torque converter, the Sonata hybrid has an electric motor that makes 40 hp and …
This is the Camry’s seventh generation-the first appeared in 1983-and inevitably the words “all-new” appear in the accompanying publicity materials. As usual, that description is open to interpretation and/or explanation. Considered in terms of the specifications, all-new is hard to see here. The body dimensions are identical to those of the gen-six car. So are …
But once we’d grappled with the incongruity of the notion-manliness and minivans are concepts that don’t willingly juxtapose-we could see the underlying logic. After all, who drives minivans? Parents, many of them unwillingly-they’d rather be driving an SUV. But when families reach a certain size, there is no more rational all-around tribe hauler than a …
1920 The first Lincoln car, the ‘L’ series, is introduced. 1922 The Ford Motor Company acquires Lincoln at the urging of Edsel Ford. 1936 The Lincoln Zephyr, the first successful streamlined car, is introduced. 1940 Zephyr becomes the basis for the original Lincoln Continental – a car Frank Lloyd Wright declared to be the most …