Nobody has bought out Oldsmobile even though it was discontinued.
However it was reported as an April Fools joke in 2008 that Toyota bought Oldsmobile but it was just a joke and not true.
Toyota did not buy Oldsmobile although in 2008 it was reported by Car and Driver as an April Fools Joke that Toyota secured the rights to the Oldsmobile name after GM's copyright expired.
However it was simply an April Fools Joke and nobody has bought out Oldsmobile since it discontinued.
The reason Oldsmobile failed was due to declining sales and shifting consumer preferences and a lack of brand identity and differentiation.
Oldsmobile was discontinued in 2004 by General Motors was due to several factors.
Oldsmobile suffered from a lack of brand identity and differentiation.
The reason Mercury was discontinued was due to declining sales and market share.
Ford Motor Company decided to discontinue the manufacturer of Buick because of less sales and market share as many Mercury customers preferred Ford models.
The oldest car manufacturer in the world is Peugeot which was founded in 1803 by Jean Pierre and Jean Frederic Peugeot.
Peugeot was started out as a family run grain mill but then later began making steel strips, saws and springs for watches.
Then in 1803 Peugeot began making bicycles and by 1882 Peugeot began making cars.
The oldest car company in the United States is Buick which was founded in 1899 by David Dunbar Buick.
Buick was started in December of 1899 by a Scottish Born American inventor named David Dunbar Buick which is where the name Buick came from.
The oldest car company that still makes cars is Mercedes-Benz which was founded in 1883.
Mercedes Benz was started when Daimler Motors Corporation and Benz & Cie merged in 1926.
The car brand that doesn't exist anymore is Mercury, which Ford phased out in 2011 to focus on Ford and Lincoln.
Other brands of cars that don't exist anymore are Hummer which GM discontinued in 2010, Saturn which GM halted production of in 2009 after years of declining sales, Scion which was dissolved in 2016 after sales declined following the 2008 recession and Saab which GM sold in 2009 after years of poor financial results.
Pontiac, Plymouth, Borgward and Aerocar International were also discontinued as car brands.
Chrysler discontinued the Plymouth brand in 2001 and rebranded existing models as Chrysler's or Dodges
Borgward the German car brand operated from 1905–1961.
The car with the cheapest price is the Nissan Versa which costs around $17,820.00.
The Nissan Versa has a 1.6 liter 4 cylinder engine, front wheel drive and a 5 speed manual transmission as standard.
You can upgrade to a variable automatic transmission for an extra $1,670.00.
The richest car company is Tesla which is the most valuable car company in the world.
Tesla has a brand value of around $71.9 billion in 2024 and is based in Palo Alto, California.
Tesla has also seen steady growth in it's ranking among the world's most valuable car brands.
Tesla's revenue in 2023 was almost as much as $96.8 billion dollars and the Model Y Tesla was the best selling electric vehicle globally.
The car that is No 1 in the world is the Toyota Corolla which is the world's best selling car with 1.12 million sales in 2022.
The RAV4 is Toyota's second best selling car and the third best selling car is the Camry.
The most expensive No 1 car in the world is the Rolls-Royce.
The most sold electric car in the world is the Tesla Model Y which had over 1.15 million sales in 2023.
The Toyota Corolla is the second best selling car with over one million sales in 2023.
Other best selling vehicles are the Ford F-Series which sold 750,789 trucks in 2023.
The Toyota RAV4 which sold 868,309 vehicles in 2022.
The Tesla Model 3 is also a very popular car with over half million sales.
The Mazda MX-5 is the best selling convertible sports car of all time with over a million sales.
Other best cars which are also more expensive include.
Rolls-Royce Boat Tail. There is no other car as expensive as this one, costing over $28 million.
Bugatti La Voiture Noire.
Rolls Royce Sweptail.
Bugatti Centodieci.
Bugatti Chiron Super Sport 300+.
Mercedes-Maybach Exelero.
Lamborghini Veneno.
Lamborghini Sian FKP 37.