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Ransom E. Olds

Ransom E. Olds
Ransom E. Olds, American businessman, founded Oldsmobile and REO Motor Car Company (d. 1950)

Ransom Eli Olds 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.

3 June 1864

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Born in the same month (June 1864): Alois Alzheimer • Dwight B. Waldo • Frank Chapman (ornithologist) • Frederick Bligh Bond • Heinrich Wölfflin • Hermann Minkowski • Jeanne Bérangère • Ninian Comper • Nobel Prize in Chemistry • Otto Erich Hartleben • Richard Strauss • Rudolf Kjellén