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The first electric golf cart was custom-made in 1932, but did not gain widespread acceptance. [3] In the 1930s until the 1950s the most widespread use of golf carts was for those with disabilities who could not walk far. [4] By the mid-1950s the golf cart had gained wide acceptance with US golfers. [5]
Club Car’s first product was a three-wheeled golf carts introduced in 1958. The company has continued making carts since. The company is regarded as an industry leader involved in many innovations, including producing one of the first street-legal golf carts. [7] It enjoyed newfound success with its DS line of golf cart beginning in 1980.
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This was the reason Golfsmith owed $5.5 million to Callaway Golf Co., $5.1 million to Taylormade Golf Co. Inc., $3.5 million to Nike, $2.3 million to PING Inc. and $2.1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation.
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