Saturday 21st August 1897
Olds Motor Vehicle Co, which would later become Oldsmobile, was founded. The reliable, light, and fairly powerful curved-dash Oldsmobile was the first American car to be produced using the progressive assembly-line system, and the first to become a commercial success.
In its 107-year history, Oldsmobile produced over 35 million vehicles, including at least 14 million built at its Lansing, Michigan factory. When it was phased out in 2004, Oldsmobile was the oldest surviving American automobile marque, and one of the oldest in the world, after Daimler, Peugeot and Tatra.Though it was discontinued in 2004, it still remains an active trademark of the General Motors Company. The closing of the Oldsmobile division presaged a larger consolidation of GM brands and discontinuation of models during the company’s 2009 bankruptcy reorganization.