Ford Motor Company Executive Chairman, Bill Ford bought a company car at auction in October. As one might expect, it was a very special car – the oldest surviving Ford production vehicle in the world.
The red 1903 Model A Rear Entry Tonneau was one of only three cars Ford built in 1903, the company's first year of existence, and it's the only one of the three still in existence.
Those three Model 's, of which this is believed to be number three, played a pivotal role in Ford Motor Company history, .
In July 1903, the company’s cash balance stood at less than $250. A much-needed cash infusion, which arrived on July 13, 1903 in the form of one full payment and two deposits, totaling $1,320, for three Model A cars, kept the companyy afloat.
Ford is said to have paid $264,000 for the vehicle at an RM auction. (RM is based in Chatham, Ontario.)
It was revealed to Ford employees as part of an event to kick off the 150th anniversary celebration of Henry Ford’s birth, on July 30, 1863.
The MotorCities National Heritage Area and the Henry Ford Heritage Association have teamed up with more than 30 Henry Ford-related collaborators to coordinate the yearlong celebration of events.
Further information on the anniversary and related events can be found at www.henryford150.com, which hosts an interactive timeline of Ford's life, a calendar of events and information about efforts to preseve Henry Ford's heritage.