This Is America’s Oldest Car Brand

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Car companies drop brands and models that do not sell well, although the decisions are rare. Ford recently stopped selling most of its car models in the United States because demand has shifted to sport utility vehicles, crossovers and pickups. Among those it discontinued was the Taurus, which had been part of the Ford family since 1985. General Motors made a more drastic decision to kill Pontiac in 2009, as overall company sales cratered during the Great Recession. The brand was 83 years old.

Among the oldest car brands sold in America are those built by manufacturers based overseas. Mercedes was founded in 1901 and built by Daimler-Motoren-Gesellschaft. It was for decades and remains among the best-selling luxury cars in America.

The oldest car brand that originated in America and remains active is Buick. It was founded on May 19, 1903, as the Buick Motor Company. Auto mogul William Durant took over Buick in 1904. It became the cornerstone of a larger company he founded, General Motors, in 1908. As Greg Wallace, manager and historian of the GM Heritage Center commented: “[Buick] actually spurred the creation of General Motors and the purchase of Oldsmobile, Cadillac and Oakland, which later became Pontiac.”

For decades, Buick was a luxury brand, but Cadillac eventually replaced in that spot in the GM lineup. Today, Buick is one of the four major GM brands. The others are Cadillac, Chevrolet and GMC.
[nativounit]
Buick is currently only a small portion of GM’s sales. In the first quarter, its unit deliveries were 45,784, but this was up an impressive 35.2%. GM’s overall sales for the period were 642,250, up 3.9%.

Buick has four models: the Enclave, Encore, Encore GX and Envision. Each is a crossover or SUV. Buick no longer has sedans in its lineup, another sign of the vehicle purchase tastes of American buyers. Buicks have a broad price range from $24,600 for the Encore to $58,000 for the highest-end Enclave.

Buick appears to be successful enough to remain part of the GM lineup for years to come. However, the past shows that car companies can be fickle.

Click here to read about America’s slowest-selling car.
[wallst_email_signup]

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618