"In February 1852, Two Young Men Went Into Business For Themselves In South Bend, Indiana, To Shoe Horses And Repair And Build Wagons. Within Twenty-Five Years, South Bend Was The Site Of The World's Largest Wagon Works. Studebaker Entered The Automotive Business In 1902 With Electric Vehicles And In 1904 With Gasoline Vehicles. The Company Established An Enviable Reputation For Quality And Reliability."-Print ed.