November 12, 1908 – GM buys Oldsmobile

On this day in 1908 Oldsmobile is purchased by the newly formed General Motors. The car company was currently losing money after their latest product, a six cylinder model, failed to deliver in the volume of the popular Curved Dash. Following the purchase from Ransom E. Olds GM introduced the Oldsmobile Model 20 for 1909, which was just the 1908 Buick Model 10 with a longer wheelbase and some changes to the exterior. The vehicle was a four door model that  featured a 22 bhp four cylinder engine mounted at the front of the vehicle and was rear wheel drive. A total of 6,575 Oldsmobile vehicles were manufactured in 1909, with 5,325 being the Model 20. Oldsmobile was October 14, 1897 and was phased out of GM on April 29, 2004. At the time it was the oldest surviving car brand. Pic: 1909 Oldsmobile Model 20 courtesy GM Heritage collection