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A division of General Motors, Oldsmobile was founded in 1897 by Ransom E. Olds as a luxury car division. Originally called Olds Automobiles, the name was shortened to Oldsmobiles and it stuck. The company really came to prominence during the 1940s thanks to the overhead valve V8 engine which become quite popular with the hot-rodding community. Oldsmobile production came to an end on April 29th, 2004 with the final car coming off the assembly line in the form of an Alero GLS.