Description

The Henry Ford Company was Henry Ford’s first attempt at a car manufacturing company and was established on November 3, 1901. This became the Cadillac Motor Company on August 22, 1902, after Ford left with the rights to his name. The Ford Motor Company was launched in a converted factory in 1903 with $28,000 (equivalent to $950,000 in 2023) in cash from twelve investors, most notably John and Horace Dodge (who would later found their own car company).