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Encyclo has been created by us, with the intention of providing a complete collection of meanings and definitions. Your search term uses more than 1000 English wordlists including Wiki and other online resources. We offer you the first 250 letters of each definition. If you require more detail or further explanation you may click through to the original source of the wordlist.

July 23, 2014

The Ford Motor Company sold its first auto on July 23, 1903, a Model A that Ford himself designed. The company was at that time capitalized at $100,000. By 1927, when the last of 15 million model Ts had rolled of the assembly line, Ford Motor totaled $700 million. Henry Ford distrusted bankers and financed expansion through earnings instead of stock. He systematically bought out other shareholders until Ford Motor became the only individually owned company of its size. Read more

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