Ransom Eli Olds in the late 1800s
From steam to gasoline
At the closing of the 1800s, Ransom got to tinkering with steam-powered cars, he claimed to have built his first steam-powered car in 1884. In 1885, Ransom Olds became a partner in his father's machine shop firm, which became a leading manufacturer of gas-heated steam engines. In 1886, he received his first patent for a gasoline-powered car. In 1895 Ransom and his father opened Olds Gasoline Engine Works where the two experimented and worked- and by 1896 had built their first gasoline-powered automobile.
Ransom Eli Olds at age 37 approx 1901
Olds Motor Vehicle Company & Olds Motor Works
In 1897 Ransom Olds founded the Olds Motor Vehicle Company, replacing his father’s shop and the Olds Gasoline Engine Works. That year, he sold a grand total of four cars. The vehicle company sputtered, but the engine company succeeded. The cars didn't sell very well on account of expense and the general populations aversion to being early-adopters.
By 1899 an investor by the name of Samuel L. Smith stepped in and bought the company, putting Ransom in charge of operations. That year, Olds reorganized in Detroit and formed the Olds Motor Works.
The company secured five acres of land at 1330 Jefferson Ave., near the Belle Isle Bridge along the Detroit River to build a new factory. It was the first designed specifically for manufacturing automobiles. The plant began operations in March of 1900 and Olds had built a total of 11 prototype vehicles by the start of 1901, including at least one example of a steam, electric and gasoline-powered vehicles.
Curved Dash - plant favorite 'toy' car
Among these pilot/prototype cars, was a small, light horseless carriage with a single-cylinder, water-cooled four-cycle engine at the rear. Its most distinctive feature was its curved dashboard. The small Curved Dash Olds was a favorite in the plant, but it was not really known to the public and was not much of a factor in the company's sales. It was considered a "mascot" or a "toy."