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|History of Oldsmobile|
History of Oldsmobile
OLDSMOBILE 1896 – 2004
1864: Ransom E. Olds is born in Geneva, Ohio. His family moves to Lansing when he is 16.
1887: R.E. Olds develops a steam-powered car.
1893: Olds’ steam-powered car becomes the first American car sold abroad – but the ship sinks on the way to India and the car is lost.
1896: Olds builds a gas-powered car and starts motoring around Lansing.
1897: Olds and Lansing business people start the Olds Motor Vehicle Co. and build four cars. The Lansing-based manufacturer is the first company organized specifically to produce cars in quantity.
1899: Olds’ second company, Olds Motor Works, moves to Detroit.
1900: The Oldsmobile name is first used.
1901: Detroit plants are destroyed by fire and Olds returns to Lansing.
1905: The Curved Dash Oldsmobile is immortalized by the song “In My Merry Oldsmobile.”
1908: Oldsmobile joins the newly organized General Motors Co. as one of its first two operating divisions. The other is Buick.
1916: Oldsmobile uses the first V-8 engine.
1927-29: Olds employment grows to 7,000 with 12 new buildings.
1935: One millionth Olds is built.
1942-45: Automobile production ends and Olds workers make 48 million rounds of ammunition, 140,000 aircraft machine guns and tank cannons.
1949: The Rocket V-8 engine is introduced.
1950: R.E. Olds dies.
1958: Olds becomes the nation’s fourth largest automaker.
1965: Employment exceeds 15,000 in Lansing.
1968: Hurst/Oldsmobiles roll off the assembly line and are shipped to Demmer Tool and Die for conversion.
1978: With the dedication of a new Cutlass plant, Oldsmobile’s Lansing operations become North America’s largest passenger car assembly complex.
1979: Engine plant opens in Delta Township. GM employment tops 23,000.
1984: With the reorganization of GM, Oldsmobile becomes a sales and marketing division in the Buick-Oldsmobile-Cadillac Group. Oldsmobile sells more cars this year than any other year.
1992: Buick-Oldsmobile-Cadillac becomes a corporate GM name only. Lansing’s factories become part of the Lansing Automotive Division, which made its home offices in the city.
1996: GM announces Oldsmobile will move to Detroit.
1997: Oldsmobile celebrates 100th anniversary.
1998: Oldsmobile moves from Lansing to Detroit. In mid-1998, Oldsmobile starts to build the Alero in Lansing.
1999: A GM vice president says the automaker could build two new assembly factories in the Lansing area.
2000: GM announces it will phase out its Oldsmobile division.
2001: Oldsmobile dealers begin receiving settlement payments from GM to avert lawsuits related to the Oldsmobile phase out.
2004: An amendment to a pending federal tax bill may give Oldsmobile dealers two years to spend their GM settlement checks before tax on the money is due.
April 29, 2004: The last Oldsmobile to be built, an Alero, rolls off the line at Lansing Car Assembly.