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A Profile of the Automobile and Motor Vehicle Industry by James M. Rubenstein

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Notes

Chapter 2

1. The number is 30,000 according to ask.com, and 5,000–7,000 according to yahoo.com. A study by the Australia Department for Environment and Heritage (2002) says 15,000.

2. See Rubenstein (1992), pp. 56–60, for more on the Selden patent, including the complete advertisement. The advertisement, as well as other information concerning the early years of the Ford Motor Company comes primarily from thousands of pages of depositions and testimony stemming from two legal cases. The first suit was initiated by two minority stockholders, John and Horace Dodge, to require Ford to pay higher dividends. The Dodge brothers charged that by repeatedly cutting prices and expanding production, Ford had sacrificed profits and paid low dividends. ...

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