The First Mass Producer
History often credits Henry Ford with the assembly line, but Ransom Eli Olds beat him to the punch. In 1901, Olds implemented the first stationary assembly line at his factory. The catalyst was a disaster: a fire destroyed his Detroit plant, leaving only one prototype survivorâthe Curved Dash Oldsmobile. Forced to focus on a single model to survive, Olds ramped up production using interchangeable parts and an assembly line process. The result was the first mass-produced car in history, selling thousands of units while competitors sold dozens.
The Curved Dash was simple, reliable, and affordable ($650), effectively creating the automotive middle class.
Losing His Name
Despite his success, Olds clashed with his investors, particularly the Smith family, who wanted to build expensive luxury cars. Frustrated, Olds left his own company, Olds Motor Works, in 1904. Since he could no longer use the name "Oldsmobile," he used his initials to found a new company: REO Motor Car Company. REO quickly became a fierce competitor to his former brand.
The Speedwagon Legacy
While REO built fine cars, their most lasting contribution was a high-speed delivery truck introduced in 1915: the REO Speed Wagon. It was faster and more durable than anything else on the road. Decades later, a rock band looking for a catchy name stumbled upon the truck in a history book, ensuring that Ransom E. Olds's name would live on not just on the highway, but on the radio as well.