Tracing the Money Karl Benz's Funding for His Automotive Masterpiece

The Benz patent motor car Victoria is the first vehicle with the double-pivot steering for which Carl Benz filed a patent in 1893. Carl (or Karl) Friedrich Benz was a German engine designer and automotive engineer. His Benz Patent-Motorwagen from 1885 is considered the first practical ... In 1901 Karl Benz created the first Mercedes-Benz car, the Benz Patent Motorwagen, and marketed it to the public. · The Benz Patent Motorwagen was the first ... Carl Benz was awarded German patent #37435 for a three-wheeled, self-propelled vehicle with a rear-mounted single-cylinder engine. In that instant, the world ... The original cost of the vehicle in 1885 was $1,000 (equivalent to $26,337 in 2016). This is an exact replica of the original painstakingly constructed with ... Carl Benz submitted the patent for a three-wheeled vehicle that used his gas engine in January 1886, and this was the first patent for vehicle ... Invented and patented the world's first gasoline-powered automobile in 1886. Received a Gold Medal at the 1888 Munich Engineering Exposition. The engine had been in development throughout 1885, and the first ever motor car was available for sale by mid-1886 for $1,000 (something like $130,000 at 2020 ... On July 3, 1886, mechanical engineer Karl Benz drove the first automobile in Mannheim, Germany, reaching a top speed of 16 km/h (10 mph). The automobile was ... It was patented and unveiled in 1886. The original cost of the vehicle in 1886 was 600 imperial German marks, approximately 150 US dollars ( ...