Answer:
Who was E. Olds?
- Ransom Eli Olds (June 3, 1864 – August 26, 1950) was a pioneer of the American automotive industry, after whom the Oldsmobile and REO brands were named.
- Olds founded the Olds Motor Vehicle Company in 1897, which was reorganized in 1900 as Olds Motor Works in Detroit. Olds had built a total of 11 prototype vehicles by 1901, including at least one example of a steam, electric and gasoline-powered vehicle.
- Smith, a wealthy lumberman, in Lansing, Mich. The first Oldsmobiles were marketed in 1901, and sales reached 5,000 in 1904. In 1904, after an argument with Smith over the latter's plans to substitute a large touring car for the popular Oldsmobile, Olds left the company and formed the Reo Motor Car Company.