The owners of the company have become their widows, who in 1925 sold it to an investment group Dillon, Read & Co for $ 146 million.ĭespite the efforts of the new owners, the Dodge lost a position in the market, and investors began to search for a buyer for the company. Is not owned, and the company's business went into decline. In addition, the heirs of the brothers (and besides widows have no one left), received 50% of the share capital. Solid - for 20 dollars plus million each. The company ranks second in the production of cars after Ford, you but in the same 1920, both brothers died, and the new head of the company became Fred J. Each of them on the upper radiator tank sported a proprietary company logo - a globe placed at the center of the star of David: brothers remember their roots. The first car Dodge Brothers, which was later jokingly nicknamed Betsy old woman, abandoned factory Novemfollowed by the end of the year another 249 Dodges made Having achieved success in this area, the Dodgeīrothers decided it was time to start the production of your own car. Its main activity was the issue of components for the emerging automotive industry. Dodge was founded in 1900 by brothers John and Horace Dodge.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |