About Auburn
Auburn was a brand name of United States automobiles from 1900 through 1936. It grew out of the Eckhart Carriage Company, founded in Auburn, Indiana, in 1875 by Charles Eckhart (1841–1915). Eckhart's sons, Frank and Morris, began making automobiles on an experimental basis before entering the business in earnest, absorbing two other local carmakers and moving into a larger plant in 1909. The enterprise was modestly successful until materials shortages during World War I forced the plant to close.
The 1904 Auburn was a touring car model. Equipped with a tonneau, it could seat 2 or 4 passengers and sold for US$1000. The flat-mounted single-cylinder engine, situated at the center of the car, produced 10 hp (7.5 kW). A 2-speed planetary transmission was fitted. The angle-steel-framed car weighed 1500 lb (680 kg) and used half-elliptic springs.
In 1919, the Eckhart brothers sold out to a group of Chicago investors headed by Ralph Austin Bard, who later served as Assistant Secretary of the Navy for President Franklin Delano Roosevelt and as Under Secretary of the Navy for President Roosevelt and for President Harry S. Truman. The new owners revived the business but failed to realize the profits that they hoped for. In 1924, they approached Errett Lobban Cord (1894–1974), a highly successful automobile salesman, with an offer to run the company. Cord countered with an offer to take over completely in what amounted to a leveraged buyout. The Chicago group accepted.
Cord aggressively marketed the company's unsold inventory and completed his buyout before the end of 1925. In 1926, he partnered with Duesenberg Corporation, famous for its racing cars, and used it as the launching platform for a line of high-priced luxury vehicles. He also put his own name on a front-wheel-drive car, the L-29 Cord.