Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Ford's Model A

July 21, 2010 by  

A revolution in transportation began on July 23, 1903, when Henry Ford sold his first automobile. The two-cylinder Model A, which cost all of $750, was delivered to Dr. Ernst Pfenning of Chicago.

Unlike later versions of his famous assembly-line vehicles, which came in “any color you want, as long as it’s black,” the first Model A was a bright shiny red. The car weighed 1,240 pounds and could reach a top speed of 45 miles per hour. Options included a rear tonneau with two seats and a rear door for $100, a rubber roof for $30, or a leather roof for $50. In his first year of production Ford sold 1,750 versions of the Model A.

The Ford Motor Company had spent virtually all of its original investment funds when Dr. Pfenning picked up his car. The company had only $223.65 left in the bank at the time. But the rest, as they say, is history.

—Chip Wood

Chip Wood

is the geopolitical editor of PersonalLiberty.com. He is the founder of Soundview Publications, in Atlanta, where he was also the host of an award-winning radio talk show for many years. He was the publisher of several bestselling books, including Crisis Investing by Doug Casey, None Dare Call It Conspiracy by Gary Allen and Larry Abraham and The War on Gold by Anthony Sutton. Chip is well known on the investment conference circuit where he has served as Master of Ceremonies for FreedomFest, The New Orleans Investment Conference, Sovereign Society, and The Atlanta Investment Conference.

Facebook Conversations

Join the Discussion:
View Comments to “Ford's Model A”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.