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The name Studebaker is well known today due to five Studebaker brothers' action. They were responsible for one of the oldest vehicle manufacturing companies in the United States.
The studebaker brothers were born in the first half of the nineteenth century, In 1852, two of the Studebaker brothers opened a wagon-building shop. Their entire resources were some tools for building wagons and 68 dollars. They managed to build three wagons in their first year of operations and sold two of the three wagons. Their business continued to increase steadily. By the time of the Civil War in the 1860s, they had a government contract to build wagons for the war.
After the war ended, the brothers added a new division which successfully produced well-known carriages. At the end of the nineteenth century, the studebaker company became the largest and best-known manufacturer of horse-drawn wagons and carriages in the world.
In 1897, the company started experimenting with vehicles that run under their own power. The company began making their first electric automobiles and later developed gasoline automobiles. By 1920, the company stopped making wagons and started producing cars. The Studebaker Company stayed in business until 1966.
What did the Studebaker brothers have when they started their first company?
Tools for repairing wagons.
A small amount of money.
A business contract with the government.
Money to build three wagons.
A government contract.
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