Time line 1901 The telescope shock absorber developed
C. L. Horock designs the "telescope" shock absorber, using a piston and cylinder fitted inside a metal sleeve, with a one-way valve built into the piston. As air or oil moves through the valve into the cylinder, the piston moves freely in one direction but is resisted in the other direction by the air or oil. The result is a smoother ride and less lingering bounce. The telescope shock absorber is still used today.
The Olds automobile factory starts production in Detroit. Ransom E. Olds contracts with outside companies for parts, thus helping to originate mass production techniques. Olds produces 425 cars in its first year of operation, introducing the three-horsepower "curved-dash" Oldsmobile at $650. The car is a success; Olds is selling 5,000 units a year by 1905.
Standard drum brakes are invented by Louis Renault. His brakes work by using a cam to force apart two hinged shoes. Drum brakes are improved in many ways over the years, but the basic principle remains in cars for the entire 20th century; even with the advent of disk brakes in the 1970s, drum brakes remain the standard for rear wheels.