How to Pronounce Ransom E. Olds
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Jun 03, 1864 Geneva, Ohio, United States Died on 26 Aug 1950 (aged 86)
American businessman
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Ransom E. Olds, Date of Birth, Place of Birth, Family, Facts, Age, Net Worth, Biography and More in FamedBorn.com
About Ransom E. Olds
- Ransom Eli Olds (June 3, 1864 – August 26, 1950) was a pioneer of the American automotive industry, after whom the Oldsmobile and REO brands were named.
- 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.
