January 22, 2021

Personalfinance

The automobile may have had its origins in Europe, but few sectors of the U.S. economy embody the American notions of personal liberty, expression, and freedom as fully as the automotive industry.

The rise of the industry at the beginning of the 20th century coincided with the ascent of manned flight and the motion picture industry, and a sense that the United States was entering a new and progressive era where anything was possible.

Hundreds of automotive companies sprouted all over the nation at the turn of the century, firing the ambitions of people in all walks of life.

Not all of these ambitions were realized. Many companies foundered because of mismanagement, overexpansion, misjudgment of the public taste, and underestimating supply chain costs. Some companies in the early part of the 20th century whose products were electric vehicles or steam-powered cars could not compete against gas-powered autos that had more power and were cheaper to drive.

Other factors such as the economic downturn in the early 1920s, and the Great Depression that caused widespread economic distress and dislocation, spelled doom for many carmakers, such as Du Pont, Durant, Duesenberg, Pierce-Arrow, and Peerless. Even though cars from these companies are no longer cruising on the nation’s highways, many of these defunct companies developed innovations such as disc brakes and automatic windshield wipers that are standard features of modern cars.

Stacker has compiled a list of 50 car companies that no longer exist from various historical sources such as the Ohio History Connection and HistoricDetroit.org; websites from education sources that included Case Western Reserve University of Cleveland; car club websites; and sources such as Hemmings Motor News, a monthly magazine catering to traders and collectors of antique, classic, and exotic sports cars.

In compiling the list, we attempted to tell one part of the story of the American automotive industry through various eras, the innovations of these companies and their ambitions, and the segment they held in the marketplace. The story also outlined the causes and reasons as to why these companies no longer exist. This list is not meant to be a comprehensive record of all the companies that no longer exist, but rather a slate of companies that made an impact through their designs or innovations that helped move the industry forward.

Keep reading to find 50 car companies that no longer exist.

You may also like: Can you answer these real ‘Jeopardy!’ questions about the economy?

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Michigan’s Auto Insurance Choices Get a Refresh

The MCCA was created in 1978 to reimburse auto insurance companies for PIP benefits when a claim exceeds $580,000.

The cost of these unlimited lifetime medical benefits was a large factor in Michigan’s high car insurance rates.

In an effort to lower Michigan car insurance costs, Michigan Gov. Gretchen Whitmer signed no-fault auto insurance reform legislation on May 30, 2019, which gave Michigan drivers several new coverage options to choose from for policies issued or renewed after July 1, 2020. Drivers may be able to reduce their premiums based on their PIP coverage selections.

Here are the personal injury protection coverage options Michigan drivers can now select:

  • Unlimited coverage per person per accident. This coverage pays “reasonable and necessary” medical expenses for your entire lifetime after an auto accident. This was the only option before Michigan’s auto insurance reform.
  • Up to $250,000 in coverage per person per accident.
  • Up to $500,000 in coverage per person per accident.
  • Up to $250,000 in coverage per person per accident with exclusions. If you choose this option, some or all of the drivers on your policy can be excluded from PIP medical coverage, if they have qualified health insurance coverage.
  • Up to $50,000 in coverage per person per accident. To qualify for this option, you will need to be enrolled in Medicaid and meet other eligibility requirements.
  • No PIP: Opt out. To qualify for this option, you will need to have Medicare Parts A & B and meet other eligibility requirements.

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Basic dash cams capture the road ahead, while more advanced models also record inside the car.



Video seems to be everywhere these days. But there’s one place it can be especially useful: on the dashboard of your car.

Dash cams — small video cameras mounted within a car — are getting less expensive while offering better quality and memory capacity. And their use is steadily growing, with dash cam sales expected to increase 35% in 2021, according to the Consumer Technology Association.

Automotive experts aren’t surprised.

Rex Tokeshi-Torres, a vehicle testing technician for Edmunds.com, calls dash cams “absolutely essential.” He uses one when test-driving expensive cars and another in his personal car while navigating the hectic freeways of Los Angeles. “We’re in a very connected society now,” Tokeshi-Torres says. “If this technology is used responsibly, it can really benefit everyone.”

Here are five ways adding a dash cam to your car could benefit you.

1. Challenge a traffic ticket

State laws vary regarding what is admissible evidence. But “any attorney worth their salt will ask if their client has a dash cam video,” says attorney Scott R. Ball of OCTicketDefense.com in Orange County, California.

While Ball will always look at videos his clients provide, “95% of the time it isn’t helpful because it just confirms that they did in fact run the red light or speed.” Still, in some instances, a dash cam can be a powerful ally.

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