Thread Starter
#91
30th April 1925
The Dodge widows sold Dodge Brothers Inc to the New York City banking firm of Dillon, Read & Company for $146 million plus $50 million for charity. It was the largest cash deal in history at that time. The sale of Dodge was not the result of a downturn in the company's fortune as Dodge was still selling well. The sale of the company was rather the result of the unwillingness of the Dodge Brothers' offspring to manage the company's affairs. Both Horace and John Dodge died in 1920. During their lifetimes, they had run the company personally, explicitly excluding their family members from participation in the company's management. After the brothers' deaths a brief depression in the stock market in 1921 scared the family members into "cashing out" of the company's affairs.
After running it unsuccessfully for three years Dillion Read & Company approached Chrysler for takeover.
April 30th 1948
Land Rover was unveiled for the first time in Amsterdam Motor Show. Land Rover was developed as a result of necesscity when Maurice Wilks, a Rover engineer was unable to procure parts for his constanly breaking WW2 american Jeep while working on his farm in Wales.
He thought there could be a huge demand of such vehcile, as there were a very limited option in that segment namely, Jeep and Kubelwagen only.
He had very limited resource, as Steel was rationed and available to company that exported and at that time Rover didn't. So he thought of using Alumunium, as they were plenty as WWII surplus used to built aircraft. Ironically this had added advantage, one it was cheap, other it was rust proof, just right for Britain's weather.
Its said that 75% of Landy that left the Solihull is still alive.
April 30th 1963
Micheal Waltrip, two time Daytona 500 champion was born in Kentucky. He is retired and currently lives in North Carolina. He owns a racing team, Michael Waltrip Racing and do ocassional commentary for race events.
April 30th 1975
Elliot Sadler, a Nascar race driver was born in Virginia. He currently drives No19 Dodge Charger for Gillett Evernham Motorsports.
April 30th 1991
The last Trabant rolled out of assembly line after 34 years of production and and nearly three million example produced. The model hardly had any significant change during its 34 years of lifecycle. It is commonly used as a handy symbol by the advocate of free market for everything wrong with government planned economies and communism.
April 30th 1993
Roland Ratzenberger, an Austrian racecar driver crashed fatally during the qualifying run for the San Marino Grand Prix at Imola, In the same event the very next day three-time Formula One world champion Ayrton Senna died.
April 30th 2003
Possum Bourne, A kiwi rally driver succumbed due to head injuries sustained on 18th April in non-competitive circumstances while driving on a public road, that was to be the track for an upcoming race. He was driving his Subaru Outback and collided with a Jeep Cherokee driven by another rally driver Mike Baltrop. At the time of his death, Possum had just re-entered the world stage, driving a production-class Subaru Impreza.
First Landrover Concept, the Center Steer.
LRX Concept and 'Huey,' the First Production Land Rover From 1948, at Solihull Facility in England during the 60th Anniversary Celebration
The Dodge widows sold Dodge Brothers Inc to the New York City banking firm of Dillon, Read & Company for $146 million plus $50 million for charity. It was the largest cash deal in history at that time. The sale of Dodge was not the result of a downturn in the company's fortune as Dodge was still selling well. The sale of the company was rather the result of the unwillingness of the Dodge Brothers' offspring to manage the company's affairs. Both Horace and John Dodge died in 1920. During their lifetimes, they had run the company personally, explicitly excluding their family members from participation in the company's management. After the brothers' deaths a brief depression in the stock market in 1921 scared the family members into "cashing out" of the company's affairs.
After running it unsuccessfully for three years Dillion Read & Company approached Chrysler for takeover.
April 30th 1948
Land Rover was unveiled for the first time in Amsterdam Motor Show. Land Rover was developed as a result of necesscity when Maurice Wilks, a Rover engineer was unable to procure parts for his constanly breaking WW2 american Jeep while working on his farm in Wales.
He thought there could be a huge demand of such vehcile, as there were a very limited option in that segment namely, Jeep and Kubelwagen only.
He had very limited resource, as Steel was rationed and available to company that exported and at that time Rover didn't. So he thought of using Alumunium, as they were plenty as WWII surplus used to built aircraft. Ironically this had added advantage, one it was cheap, other it was rust proof, just right for Britain's weather.
Its said that 75% of Landy that left the Solihull is still alive.
April 30th 1963
Micheal Waltrip, two time Daytona 500 champion was born in Kentucky. He is retired and currently lives in North Carolina. He owns a racing team, Michael Waltrip Racing and do ocassional commentary for race events.
April 30th 1975
Elliot Sadler, a Nascar race driver was born in Virginia. He currently drives No19 Dodge Charger for Gillett Evernham Motorsports.
April 30th 1991
The last Trabant rolled out of assembly line after 34 years of production and and nearly three million example produced. The model hardly had any significant change during its 34 years of lifecycle. It is commonly used as a handy symbol by the advocate of free market for everything wrong with government planned economies and communism.
April 30th 1993
Roland Ratzenberger, an Austrian racecar driver crashed fatally during the qualifying run for the San Marino Grand Prix at Imola, In the same event the very next day three-time Formula One world champion Ayrton Senna died.
April 30th 2003
Possum Bourne, A kiwi rally driver succumbed due to head injuries sustained on 18th April in non-competitive circumstances while driving on a public road, that was to be the track for an upcoming race. He was driving his Subaru Outback and collided with a Jeep Cherokee driven by another rally driver Mike Baltrop. At the time of his death, Possum had just re-entered the world stage, driving a production-class Subaru Impreza.
First Landrover Concept, the Center Steer.
![First Land Love.jpg](/forums/data/attachments/4/4761-12740907522ddb1478e219789cc7c627.jpg)
LRX Concept and 'Huey,' the First Production Land Rover From 1948, at Solihull Facility in England during the 60th Anniversary Celebration
![Land-Rover 60th Anniversary .jpg](/forums/data/attachments/4/4762-a125f7aa5c3b842fc37557e6f5da9f76.jpg)
Source:
The History Channel
Club Hemmings
NY Times
Wikipedia
The History Channel
Club Hemmings
NY Times
Wikipedia