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Cash Advance Loans

Cash Advance Loans

By 1891 the country had seen more than 100 renderings of motorized vehicles. The first internal combustion engine was developed by payday loans Belgian inventor, cash advance Etienne Lenoir. He used it to power a car during a payday loans in Paris in 1862. Nicholas Otto, a German inventor, developed a quieter, four-stroke, coal-gas payday loans in 1878. The first gasoline vehicles were developed in 1885 by two Germans working independently-Karl Benz and Gottlieb Daimler.

The world's first motor vehicles built for commercial sale were offered in France by Armand Peugeot in 1889 and Panhard and Levassor in 1890. The French are also credited with coining the term "automobile," formed from two Latin words meaning self-moving. During the early 1890s, many people in the United States were working separately on producing better "horseless carriages. The Duryea model was based on Benz's work, as reported in Scientific American. Lambert of Ohio City, Ohio.

The 1890s brought commercial automobile production to the United States. Elwood Haynes and Edgar and Elmer Apperson were among the first entrepreneurs of the new technology. They built Haynes-Apperson vehicles in a machine shop located in Kokomo, Indiana.

By 1899 some 30 motor vehicle producers were offering electric, steam, and gasoline powered vehicles. Census listed motor vehicle manufacturers under "Miscellaneous Manufacturers. Henry Ford built his first car, called a "quadricycle," in 1896. He established the Detroit Automobile Company in 1899-the venture failed.

Ford's second company, the Henry Ford Company, founded in 1901, also failed. He finally achieved success with his third organization, the Ford Motor Company, officially founded on June 10, 1903.

Many other popularly known names in automotive history entered the industry during the last decade of the nineteenth century and the first decades of the twentieth century. Studebaker, originally a manufacturer of wagons, carriages, and horse-drawn vehicles, entered the automotive industry in 1897. Packard Motor cash advance Company was founded in 1899 and produced its first car in 1900.

Cadillac Motor Car was established in 1902 with the help of financial backers who abandoned Henry Ford's earlier efforts. Buick Motor Car Company was founded by David D. Buick in 1903 and was later sold to William Durant, the founder of General Motors. Louis Chevrolet, born in Switzerland, came to the United States in 1905 and began his automotive career as a race car driver for Buick.

Chrysler purchased his first car in 1908. Following a career at Buick Motor Car Company, he assumed the presidency of the Chrysler Corporation, formed from the remnants of the Maxwell Motor Car Company on June 6, 1925. Throughout the early decades of the twentieth century, Henry Ford dominated the industry.

He achieved nearly legendary status by introducing the automotive industry to the benefits of automated production and by providing an automobile at a price that most people could afford.

In 1908 Ford decided to focus his company's efforts on the construction of only one model-the Model T. To help lower costs and speed production, he began moving toward assembly line production. In 1913 a moving belt was installed in Ford's magneto department. Production experienced a four-fold increase, and Ford transferred moving assembly lines to other parts of the plant. In its first complete year of assembly line production, the company built 248,000 cars-compared with 78,000 the previous year.

In 1915, Ford's annual production reached 500,000, and prices fell. By 1920 an estimated three-fifths of U.

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