Short history of Cadillac
Cadillac was born out of the closure of Henry Ford when Henry Ford left with some of his key partners and the company was dissolved. With the intention of liquidating the company's assets, financiers left over from Ford's departure, William Murphy and Lemuel Bowen, called on engineer Henry M. Leland of the Leland & Faulconer Manufacturing Company to evaluate the plant and equipment before selling them. Instead, Leland convinced them to continue their car manufacturing business by equipping them with a single-cylinder engine designed by Leland. The company needed a new name after Henry Ford left. On August 22, 1902, the company was renamed the Cadillac Automobile Company. Leland & Faulconer Production and the Cadillac Automobile Company merged in 1905. The Cadillac Automobile Company was named after seventeenth-century French explorer Antoine Laumet de la Mothe, Sieur de Cadillac, who founded Detroit in 1701. The first Cadillac automobile, The "Cadillac Runabout...