Company History
R. L. Polk & Co. was founded by Ralph Lane Polk in 1870 in Detroit, MI as a publisher of business directories. In 1872, the company first published a City Directory, for Evansville, Indiana, plus a listing of post offices in nine states. Additional directories followed in the ensuing years as the business grew. Affiliates included the Polk-Husted Directory Co. of Oakland, California. In addition to city directories, the company published bank directories.
In 1921, a conversation between Ralph Lane Polk II and Alfred P. Sloan (who later became president of General Motors) helped fuel R. L. Polk & Co.'s entry into the automotive industry. During the conversation, Sloan asked Polk to impartially tabulate and publish statistical information on cars and trucks in operation. R.L. Polk & Co. launched its motor vehicle statistical operations in 1922, when the first car registration reports were published. In 1922, R.L. Polk & Co. published its first Passenger Car Registration Report, covering 58 makes and accounting for 9.2 million passenger automobiles on America's highways.
From 1951 to 1958, the company pioneered the use of electronic punch card tabulating equipment. In 1956, Polk's reporting services included monthly statistics on boats, business aircraft, motorcycles, commercial trailers, and recreational vehicles. In 1976, the National Vehicle Population Profile (NVPP) was introduced.
Read more about this topic: R.L. Polk & Co.
Famous quotes containing the words company and/or history:
“Attending upon a prince is as dangerous as keeping company with a tiger.”
—Chinese proverb.
“In nature, all is useful, all is beautiful. It is therefore beautiful, because it is alive, moving, reproductive; it is therefore useful, because it is symmetrical and fair. Beauty will not come at the call of a legislature, nor will it repeat in England or America its history in Greece. It will come, as always, unannounced, and spring up between the feet of brave and earnest men.”
—Ralph Waldo Emerson (18031882)