Craig-Toledo Motor Company was established in 1907 in Toledo, Ohio. The company derived its name from the city of manufacture and the Craig shipbuilding family, who provided the financial backing for the venture. The prototype of the vehicle was initially built in Dundee, Michigan, under the name Maumee, but production officially commenced in Toledo in January 1907.
The Craig-Toledo vehicle was powered by a 40-horsepower four-cylinder engine and was exclusively offered as a three-seater roadster. It was priced at $4,000, which was considered high for the time. One of the notable features of the car was its three-point suspension system, which distinguished it from other vehicles of the era.
Despite ambitious plans to produce 100 cars in 1907, the company faced financial difficulties and declared bankruptcy by June of the same year. As a result, far fewer vehicles were manufactured, with only eight remaining in inventory at the time of the company's closure.
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