Dodge benefits from the company’s resources

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738 billion, owns 7.563% of the total outstanding shares, making them the second-largest shareholder. History of Dodge OwnershipThe Dodge Brothers The Dodge brothers, John Francis and Horace Elgin Dodge, were pioneers in the American automotive industry. Before venturing into automobiles, they built a solid reputation as skilled machinists and entrepreneurs in the bicycle industry. In the late 19th century, they founded the Evans & Dodge Bicycle Company in Windsor, Ontario, producing high-quality bicycles known for their durability and precision. This early success in the bicycle business laid the foundation for their future endeavors in the rapidly growing automotive industry.


In the early 1900s, the Dodge brothers transitioned from bicycles to canadian biotechnology email list automobiles, recognizing the rapidly growing demand for motor vehicles. They established a machine shop in Detroit, where they began manufacturing precision engine and automobile components for various automakers, most notably the Ford Motor Company. Their expertise in producing reliable and high-quality parts quickly made them one of the leading suppliers in the industry. By 1910, the Dodge brothers had become significant players in the automotive supply chain, but were not content to remain in the background.


In 1914, they took a bold step by launching their automobile manufacturing company, Dodge Brothers Motor Company. Their first complete car, the Dodge Model 30-35 touring car, was a significant success. The car was known for its durability, power, and innovative features, such as an all-steel body, which was advanced for the time. The Dodge Model 30-35 quickly gained popularity, establishing Dodge as a formidable competitor to Ford and other automakers. The Dodge brothers’ commitment to quality and innovation paid off. By the late 1910s, Dodge was America’s second best-selling car brand, behind only Ford.