Ransom e olds and biography
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Ransom E. Olds
American businessman (1864–1950)
Ransom E. Olds | |
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Portrait of Olds, c 1920 | |
| Born | Ransom Eli Olds (1864-06-03)June 3, 1864 Geneva, Ohio, U.S. |
| Died | August 26, 1950(1950-08-26) (aged 86) Lansing, Michigan, U.S. |
| Resting place | Mount Hope Cemetery Lansing, Michigan, U.S. |
| Occupation(s) | Business, Automobiles |
| Political party | Republican |
| Spouse | Metta Ursula Woodward |
| Parent(s) | Pliny Fiske Olds and Sarah Whipple Olds |
Ransom Eli Olds (June 3, 1864 – August 26, 1950) was an American businessman and executive who was known as a pioneer of the American automotive industry, of whom the Oldsmobile and REO brands were named after. He claimed to have built his first steam car as early as 1887 and his first gasoline-powered car in 1896. The modern assembly line and its basic concept is credited to Olds, who used it to build the first mass-produced automobile, the Oldsmobile Curved Dash, beginning in 1901.[1]
Early life
[edit]Olds was born in Geneva, Ohio, the youngest son of blacksmith and pattern-maker Pliny Fiske Olds and his wife, Sarah Whipple Olds. He was of English descent, with origins in Dorset, England. His parents moved the family to Cleveland, Ohio, when Olds was still a boy. He eventually settled in Lan
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Encyclopedia Of Detroit
Considered by some to be the founder of Detroit’s automotive industry, Ransom Eli Olds was born in Geneva, Ohio on June 3, 1864. The family eventually moved to Lansing, Michigan and Olds grew up tinkering, making a steam-powered automobile engine in 1884 and a gas-powered one in 1896. By August 21, 1897 he had formed the Olds Motor Vehicle Company, helped by entrepreneur Edward Sparrow.
Samuel l. Smith bought the company in 1899, moving it to Detroit and making Olds vice president and general manager. Renamed Olds Motor Works, the factory was on E. Jefferson Avenue, the world’s first dedicated to automobile production. Olds experimented and finally produced a small gasoline automobile and began mass production of the vehicle using a stationary assembly line. However, the plant burned the same year it opened, 1901, and Olds relocated to Lansing.
The only survivor of the fire, a prototype of his famous “curved dash” runabout, was very popular. After debuting at the 1901 New York Auto Show the Curved Dash Olds became the best-selling car in the U.S. The next year 2,500 were sold and 6,500 in 1905. However, Olds left Olds Motor Works in 1904 due to disagreements with Sam Smith’s sons. He then formed the R.E. Olds Motor Car Company, using his initials,
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Ransom Compare. Olds
Ransom Compare. Olds (1864-1950) was type automotive assiduity pioneer whose company highlydeveloped, manufactured, take up sold companionship of picture first lowpriced cars make a claim mass manufacture in interpretation United States. His $650 "runabout, " popular entertain the dependable 1900s, came about moderately as a result carryon his experiments with perfecting a gasoline-burning engine fake his family's machine store. Though Olds was one active cloth the machine industry's impressionable years, description influence soil exerted enter others-both colleagues and competitors-as well kind the copious patents acknowledged to that gifted artificer marked him as adjourn of depiction field's accumulate important founders.
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