Ransom E. Olds

Ransom E. Olds

Ransom Eli Olds (June 3, 1864 – August 26, 1950) was a pioneer of the American automotive industry, for whom both the Oldsmobile and REO brands were named. He claimed to have built his first steam car as early as 1894, 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.

Read more about Ransom E. Olds:  Early Life, Oldsmobile, Assembly Line, Racing Career, Oldsmar, Other Lansing Businesses, Politics, Residence

Famous quotes containing the words ransom and/or olds:

    A boy not beautiful, nor good, nor clever,
    A black cloud full of storms too hot for keeping,
    A sword beneath his mother’s heart— yet never
    Woman bewept her babe as this is weeping.
    —John Crowe Ransom (1888–1974)

    An older child, one who possesses a conscience, will be troubled with self-reproaches and feelings of shame for his naughtiness, even if he is not discovered. But our two-year-olds and our three-year- olds experience guilt feelings only when they feel or anticipate disapproval from the outside. In doing this, they have taken the first steps toward the goal of conscience, but there is a long way ahead before the policeman outside becomes the policeman inside.
    Selma H. Fraiberg (20th century)