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          Ransom olds...

          Ransom E. Olds is most commonly known as the namesake of the Oldsmobile brand, but did you also know that he was the founder of REO Speed Wagon? No, not the band, the actual vehicle, produced by REO Motor Car Company.

          Despite retiring completely in 1934, Ransom E.

          Olds had an incredible impact on the American automotive industry.

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        6. Read on to learn just how his vision impacted how vehicles are produced today.

          The Early Days of Ransom E. Olds

          Ransom Eli Olds was born on June 3, 1864 in Geneva, Ohio to Pliny Fisk Olds and his wife, Sarah Whipple Olds.

          When Olds was a young boy, his family relocated to Lansing, Michigan.

          His father, a blacksmith, pattern maker, and later shop owner, opened a forge there under the name P.F. Olds and Son. Surrounded by machine parts and equipment, Ransom Olds spent his childhood tinkering with parts and pieces he found.

          According to Olds himself, he built his first car equipped with a steam engine in 1894, followed by a gasoline-powered versi