The Olds Motor Vehicle Company of Lansing, Michigan was formed by Ransom E. Olds, in 1897, selling it to Sam Smith who relocated the company to Detroit. As vice president, Olds developed steam, electric, and gas-powered vehicles. So far, Olds is the only company to have developed, built, and sold all three modes. In 1904, Ransom left the Olds Motor Vehicle Company and founded the REO Motor Company. By 1907, REO was one of the wealthiest automobile manufacturers in the world. Their success, however, was short-lived, as Ford and General Motors began gaining ground with less expensive and more readily available vehicles.

The REO vehicles built a reputation for their speed, styling, and durability. In 1927, they introduced their Flying Cloud model. Power was from a 268 cubic-inch, inline-6-cylinder engine. The Roadster model sold for roughly $1,700 new and remained on sale until 1936.

by Dan Vaughan