Monday, August 20, 2012

Another Big Week For Car Companies


Before it was phased out in 2004, Oldsmobile produced over 35 million cars in its 107-year history. A staple of the Detroit Motor City industrial scene, over 14 million Oldsmobiles were built in their Lansing, Michigan factory. Opened on August 21, 1897, General Motors closed the division on April 29, 2004, presaging a decline into a 2009 bankruptcy for the iconic car company. Not to worry, though! GM bounced back and last year they were the world’s number one car manufacturer.

Another General Motors division, Cadillac Motor Company, was founded 5 years and 1 day after Oldsmobile on August 22, 1902. Named after the founder of the city of Detroit, Cadillac laid the foundation for mass automobile production by creating interchangeable parts for its cars. Just ten years later, they launched the first production automobile with an electric self-starter – a “car with no crank.” Faring much better than its older sister, Oldsmobile, Cadillac is still breaking new ground in the automotive industry and continues to be the “Standard of the World.”

Except of course, in New York, where every savvy urbanite knows that your feet are really your best vehicle for getting around town. The city is packed with so much energy and there is always something new to discover, even if you’ve lived in Manhattan your entire life. There’s so much to encounter, experience and learn from just from wandering these magical streets of ours.

The next time you’re downtown, check out one of our Wall Street Walks tours and let us show you what we’ve discovered then share with us some discoveries of your own!