Detroit Automobile Company
Defunct American motor vehicle manufacturer / From Wikipedia, the free encyclopedia
The Detroit Automobile Company (DAC) was an early American automobile manufacturer founded on August 5, 1899, in Detroit, Michigan.[1] It was the first venture of its kind in Detroit.[2] Automotive mechanic Henry Ford attracted the financial backing of twelve investors; Detroit Mayor William Maybury, William H. Murphy and others. As with many early car ventures, the company floundered, and it was dissolved in January 1901.[1] Twenty vehicles were built and $86,000 ($2.61 million in 2019) of investment was lost.[3][4]
Quick Facts Founded, Defunct ...
Founded | August 5, 1899; 124 years ago (1899-08-05) |
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Defunct | November 20, 1901 (1901-11-20) |
Fate | Reorganized |
Successor | Henry Ford Company |
Headquarters | Detroit, Michigan |
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