The story
Foreseeing the necessity to switch to the production of horseless carriages, Cunningham started automobile production in 1908 with gasoline engine cars that sold at approximately $3,500, a very high price at the time. Initially the company made only the chassis. They assembled each car to individual customer requirements, using components from other manufacturers. Engines came from Buffalo or Continental. Cunningham also sold electric cars based on their experimental vehicle from the 1890s. By 1910, the company was producing all its parts and selling its cars in the range of $4,500 to $5,000.
From Wikipedia’s article on Cunningham Car Company, shared under CC BY-SA 4.0.4