On this day: 04-29-2004
Oldsmobile would be no longer
In 1897, Ransom E. Olds (1864-1950), an Ohio-born engine maker, founded the Olds Motor Vehicle Company in Lansing. In 1901, the company, then known as Olds Motor Works, debuted the Curved Dash Oldsmobile, a gas-powered, open-carriage vehicle named for its curved front footboard. More than 400 of these vehicles were sold during the first year, at a price of $650 each (around $17,000 in today´s dollars).The last Oldsmobile came off the assembly line at the Lansing Car Assembly plant in Michigan, signaling the end of the 106-year-old automotive brand, America´s oldest.