This Day in Business History: Ford’s Model A Goes to Market

July 23, 1903: The freshly incorporated Ford Motor Company sells its very first Model A, ushering in a new era of transportation for Americans. Having spent nearly all of its initial cash investment of $28,000 prior to its first sale, in less than two months, the company profited $37,000.

Source: Ford Motor Company Website

Read more from Goizueta Business Library’s Collection:

henry and edsel

 

 

Henry and Edsel: The Creation of the Ford Empire

 

 

once upon a car

 

 

Once Upon A Car: The Fall and Resurrection of America’s Big Three Automakers — GM, Ford, and Chrysler

 

 

alan mulally

 

 

American Icon: Alan Mulally and the Fight to Save Ford Motor Company