John DeLorean and the DeLorean motor Company
With my love for exotic automobiles and unique body styles, one of my favorites and the most innovated car designers is John DeLorean. When you say the word DeLorean everybody thinks of the infamous movie back to the future where Doc Brown takes a DMC – 12 DeLorean and turns it into a time machine. This infamous car and the car’s creator have a very interesting history from high-level job positions in the automotive industry with the failing DeLorean Motor Company and the DeLorean Motor Company’s rebirth in the middle to late 2000’s. John DeLorean began a 12-year career at Pontiac, starting in 1956, as the director of advanced engineering and in 1959 became chief engineer involved in the development
…show more content…
From 1969 to 1972 John DeLorean was also known for being a very charismatic high-level executive that made it all the way to the position of vice president of General Motors. Several of his innovations and designs for vehicle manufacturing are still used to this day.
In 1973 John DeLorean feeling that he was not living up to his potential left General Motors to start his own car company to be the next star in automotive sports car design. John DeLorean was going to have to start from scratch with no vehicle and a couple designs he had in mind, he was going to create what was to be an ethical sports car.
John DeLorean’s new company the DeLorean Motor Company was meant to create a safe and affordable sports car that was new and different for its time. The going price for the DeLorean (the DMC – 12) that he wanted to build would go for $12,000 per vehicle.
His problem was finding money and investors for his new endeavor that will cost him around $87 million to get this vehicle and manufacturing factory off the ground. DMC’s initial public offering in 1977 was 2 million shares starting at a price of $5 per share, which would not be enough to kick-start his
Henry Ford’s development of the single and unchanging automobile model meant the possibility to concentrate upon a single cheap car for the masses. When The Ford Company began to make Model C for $900, Model F for a thousand, and Model B for two thousand, the profits began to drop more and more each year and progress was being made backwards. The Ford factory was taken control over by Henry who stopped the production of
The automaker Chevrolet has experienced much technological change in the past 104 years. Although it, Chevrolet, is a French name, it is an American car company. It was primarily founded by William C, Durant, along with Louis Chevrolet, on November 3, 1911. It wasn’t until six years of existence that it became part of the Automotive Division at General Motors, otherwise known as GM. Durant had previously tried to buy out Ford and failed. This caused him to resort to co-founding Chevrolet. The first car sold by the company commonly called Chevy was the Classic Six, at the price of 2,500 dollars. Chevy started producing these vehicles in 1912-1913. The car’s value may seem like pocket change but that is the common day equivalent of roughly 57,000
In the 1980s, Detroit Diesel Allison Division had lost most of its market share to Cummings Engines. Their engines weren’t performing well and they lost many customers. By 1987, GM began to look for a buyer to take the division of its hand. In 1988, a joint venture between Penske Corporation and General Motors created Detroit Diesel. Penske revived Detroit Diesel and in 1992, the company rebounded and had a net income of over $20 million in 1993.(Detroit Diesel Coperation)
At the time that he started Ford Motors Company, most people did not drive cars, and hadn't even considered purchasing a car. Henry Ford is famously quoted saying, “If I had asked people what they wanted, they would have said ‘faster horses’”. His extremely successful Model T, nicknamed the Tin Lizzie, fundamentally changed the automotive industry. Ford understood that most of the American population was in the working class and could not afford to buy a car, so he decided to create a standardized vehicle for the masses. The Model T was durable, reliable, and most importantly, affordable. However, marketing strategies were crucial, since previously people hadn't even thought of buying a car. When Ford first introduced the Model T, he ensured that there was a great amount of publicity surrounding it in every newspaper possible to get the word out. Publicity is just as critical today if not more, and Ford understood that from very early
one of the most majestic cars created. Nick?s comments on the vehicle describe its luster, ?...and
Kiley, David. Driven: Inside BMW, the Most Admired Car Company in the World. Hoboken, NJ: John Wiley, 2004. Print.
in 1908 but by 1925 Model T car cost only $290. By the end of the
The birth of the automobile was truly something special. Once a far fetched dream is now what many people believe to be the back bone of the American economy. When people think about the automobile the name that comes to mind is most usually Henry Ford. Although he is not credited with the invention of the automobile, Henry Ford played a crucial role in the development of mass production. The automobile was first invented Europe in 1771 with a top speed of 2.3 miles per hour. A man by the name of Gottliech Daimler produced what was known as the milestone car in 1889, this vehicle traveled at 10 miles per hour (Brown, 105). Not more then a handful of these cars were produced over seas. Not many people had ever seen one, let alone had one. It wasn’t until Henry Ford invented the assembly line, that anyone knew what a car was. Henry Ford and the invention of the assembly line altered the American economy and revolutionized travel everywhere.
Observed as a technological mastermind, Ford commenced experiments involving machinery from the time he was adolescent to launching his career working at the Edison Illuminating Company. He examined internal combustion engines and gasoline buggy ideas, eventually resulting in removing himself from Edison’s company and his introduction into the emerging automobile industry. Following in 1903, he established the Ford Motor Company, which expeditiously became a leader in the automotive industry and would gain extensive wealth within only a few decades. While other manufacturers strove to produce automobiles to be extravagant and luxurious predominantly for the wealthy, he immensely focused on efficient mass production of durable, affordable vehicles for the expanding middle-class market. The car should be like a fine watch," Ford said.
Henry Ford originally intended the Model T to be the “farmer’s car.” But in order to make a car that was financially available to the common man, Ford needed an industrial revolution that would allow him to produce numerous automobiles at an inexpensive price. He succeeded in doing so by implementing his innovative assembly line and specialized labor for the production of the Ford Model T. By the 1920s, car manufacturing exploded due to Ford’s cheap and simplistic methods of production causing prices to drop significantly and allowing the Model T to fit within the average ...
The automobile changed American life, but the process was gradual. Though historians argue the date and inventor of the first automobile, we can say that Henry Ford’s creation of his Ford Motor Company in 1903 marked perhaps the major milestone of the early twentieth century automobile industry in America and around the world. Five years after the company’s inception, Ford’s legendary Model T of 1908 would revolutionize transportation and the world economy. Before the Model T, automobiles in the US were associated with only the wealthier class. Ford sought to make cars available to every American. His cars would assume the general build that continues to characterize automobiles today, and his innovation and system of production would make him a legend.[i] The automobile led to an extremely advanced system of roads and contributed to an American mentality of freedom to move.[ii] Early drivers saw both benefits and difficulties as the automobile became the standard American mode of transportation.
When Henry Ford was born on June 30th, 1863, neither him nor anyone for that matter, knew what an important role he would take in the future of mankind. Ford saw his first car when he was 12. He and his father where riding into Detroit at the time. At that moment, he knew what he wanted to do with his life: he wanted to make a difference in the automobile industry. Through out his life, he achieved this in an extraordinary way. That is why he will always be remembered in everyone’s heart. Whenever you drive down the road in your car, you can thank all of it to Henry Ford. Through his life he accomplished extraordinary achievements such as going from a poor farm boy to a wealthy inventor who helped Thomas Edison. When he was a young man, he figured out how to use simple inventions, such as the light bulb. He then taught himself the design of a steamboat engine. His goal was to build a horse-less carriage. He had come up with several designs and in 1896, he produced his first car, the Model A. When Ford’s first car came out, he had been interviewed by a reporter and when asked about the history of the car, he had said “History is more or less bunk.” Ford worked in Thomas Edison’s factory for years and the left to become an apprentice for a car-producer in Detroit. While working there, he established how he was going to make the car.
By 1899 Ford created a more proper looking motorcar with the help of wealthy businessman William Murphy. It had high wheels, a padded double bench, brass lamps, mud guards, and a "racy" look. In the same year Ford founded the Detroit Automobile Company. Within 3 years Ford had built an improved, more reliable Quadricycle, using a four-cylinder, 36 horsepower-racing engine. In 1901 his car beat what was then the world's fastest automobile in a race before a crowd of eight thousand people in Grosse Pointe, Michigan. The publicity he received for this victory allowed Ford to finance a practical laboratory for refining his auto ideas. In 1903 Ford launched his own car company, The Ford Motor Car Company, and by January 1904 he had sold 658 vehicles. By 1908 he built the famous Model T, a car that was affordable to the middle class. The automobile was no longer the toy of the rich.
The first model Mustang the early 1965, or as many like to call it the 1964 and one-half Mustang, interests me the most because of its unique design and style. The rareness of this year’s Mustang fascinates me because so little are left; over the years people have either crushed or cut them up and made race cars out of them, which makes me sad to see these rare, fascinating cars go to waste. When the 1964 and one half debuted, only a coupe and a convertible could be purchased featuring a base 170 cu in six-cylinder engine with a three-speed floor shift transmission, also available with a 260 cu in V8 engine, in addition to a four-speed manual transmission or a three-speed “Cruise-O-Matic” transmission. The interior featured “wall-to-wall” c...
Henry Ford began a family automobile business in 1903; this was during the industrial revolution. This business has become the most famous automobile brand in the world. Over the years the business structure had adapted to changes in leadership, markets trends and the economic conditions. The Ford family still controls the company through multiple voting shares, even though it owns a much lower proportion of the equity