Welcome to 365 Days of Motoring

An Everyday Journey Through Motoring History, Facts & Trivia

Belt up and enjoy this 365-day ride as you cruise past the most momentous motoring events in history. Packed with fascinating facts about races, motorists and the history of the mighty engine, this is a must-visit web site for any car enthusiast.

On This Day

Wednesday 13th October 1915

102 years ago

James Couzens resigned as Vice President and Treasurer of the Ford Motor Company, but retained his 11% ownership and seat on the Board of Directors. In 1902, Henry Fordwas organising the Ford Motor Company; Alexander Malcomson was a major stakeholder in the company. The two were seeking additional stockholders; Couzens borrowed heavily and invested $2500 in the new firm. Ford Motor Company was founded in 1903 with John S. Gray as president, Ford as vice-president, Malcomson as treasurer, and Couzens as secretary. Couzens took over the business management of the new firm for a salary of $2400. In 1906, Gray died and Malcomson was eased out of the business, making Couzens vice president and general manager of the company. The company made both Ford and Couzens wealthy, due in no small part to Couzens's business acumen. However, the two men gradually grew apart, and Couzens resigned his position as general manager, although he retained a seat on the board. In 1919, Ford purchased Couzens's shares in the company for $30,000,000.

James Couzens

James Couzens