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Ransom Eli Olds
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    (June 3, 1864-August 26, 1950)
    Resided in Lansing, Michigan
    Founder of the Oldsmobile auto company and namesake for the Oldsmobile 88
    Inducted into the Automotive Hall of Fame in 1968
    As he wasn’t able to come up with a name for his car at first, he advertised a ‘name the car’ contest in a local newspaper.
    He bought his older brother’s half of the ‘Olds and Son’ business for $1000.
    Olds Motor Works was purchased by a copper and lumber magnate whose family he was often at odds with.
    To avoid a lawsuit from his former company, he named his new company REO (for his initials).
    He would frequently race on the Daytona Beach Road Course.
    He originated the assembly line (which Henry Ford later perfected) (1901).
    As a result, his vehicle output quintupled within the very next year.
    His company was a significant contributor to the WW II effort.
    He purchased almost 38,000 acres of land near northern Tampa Bay to develop the city of Oldsmar.
    His garage contained a turntable that enabled him to drive inside at night and leave in the morning without reversing.
    He was the son of a blacksmith.
    Interstate 496 in Lansing is named in his honor.

Credit: Cool It All Right?

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