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The beginning of the Great Depression made the Viking unprofitable for Oldsmobile, which had enough trouble selling its own models that were just under half the price, and it was discontinued at the end of 1930. [29] Existing parts were assembled into the final Vikings for the 1931 model year. [42]
During the 107 years of Oldsmobile's existence, it was known for being a guinea pig for new technologies and firsts. 1898 – Olds Motor Vehicle Company exports a steam powered automobile to Mumbai, India, making it the first exported American car. [16] 1901 – The first speedometer to be offered on a production car was on an Oldsmobile Curved ...
The American automobile manufacturer General Motors sold a number of vehicles under its marque Oldsmobile, which started out as an independent company in 1897 and was eventually shut down due to a lack of profitability in 2004. [1]
The Oldsmobile 88 (marketed from 1989 on as the Eighty Eight) is a full-size car that was sold and produced by Oldsmobile from 1949 until 1999. From 1950 until 1974, the 88 was the division's most profitable line, particularly the entry-level models such as the 88 and Dynamic 88.
Two years later, Olds claimed that he had built the best car he could, a tourer able to seat two, four, or five, with a 30–35 hp (22–26 kW) engine, 112 inches (2,845 mm) wheelbase, and 32 inches (81 cm) wheels, for $1,055 (not including top, windshield, or gas tank, which were US$100 extra); self-starter was $25 on top of that.
The Great Depression did not strongly affect Japan. The Japanese economy shrank by 8% during 1929–31. Japan's Finance Minister Takahashi Korekiyo was the first to implement what have come to be identified as Keynesian economic policies: first, by large fiscal stimulus involving deficit spending; and second, by devaluing the currency ...
LaSalle did not have the time to develop a prestigious name before the onset of the Great Depression and did not have the opportunity afterward. [1] The Great Depression, combined with LaSalle's stalling sales numbers, caused Cadillac to rethink its companion make. Both Buick and Oldsmobile had eliminated the Marquette and the Viking in 1930 ...
Oldsmobile would introduce the Viking, which took care of the lower end of the same gap. Oakland's part in this plan was the 1926 Pontiac, a shorter-wheelbase "light six" priced to sell at a four-cylinder car's price point, but still above Chevrolet. Pontiac was the first of the companion marques introduced, and in its first year sold 49,875 ...