Industry | Automobile |
---|---|
Fate | brand discontinued |
Successor | Chrysler Newport |
Founded | 1928 |
Founder | Walter Chrysler |
Defunct | 1961 |
Headquarters | Highland Park, Michigan |
Products | Vehicles |
Parent | Chrysler |
DeSoto (sometimes De Soto) is an American automobile marque that was manufactured and marketed by the DeSoto Division of the Chrysler Corporation from 1928 to the 1961 model year. The De Soto marque was officially dropped November 30, 1960, with over two million vehicles built since 1928.
The DeSoto make was founded by Walter Chrysler on August 4, 1928, and introduced for the 1929 model year. It was named after the Spanish explorer Hernando de Soto. The DeSoto logo featured a stylized image of the explorer who led the first European expedition deep into the territory of the modern-day United States (Florida, Georgia, and Alabama), and was the first documented European to have crossed the Mississippi River.
Chrysler wanted to enter the brand in competition with its competitors Oldsmobile, Buick, Mercury, Studebaker, Hudson, and Willys, in the mid-price class. DeSoto served as a lower priced version of Chrysler products, with Dodge and Plymouth added to the Chrysler family in 1928.
The inaugural DeSoto model year sales in 1929 totaled 81,065 cars, a first year record in the U.S. that lasted until the 1960 Ford Falcon. Shortly after DeSoto was introduced, however, Chrysler completed its purchase of the Dodge Brothers, giving the company two mid-priced makes. Initially, the two-make strategy was relatively successful, with DeSoto priced below Dodge models. Despite the economic times, DeSoto sales were relatively healthy, pacing Dodge at around 25,000 units in 1932.
However, in 1933, Chrysler reversed the market positions of the two marques in hopes of boosting Dodge sales. By elevating DeSoto, it received Chrysler's streamlined 1934 Airflow bodies. But, on the shorter DeSoto wheelbase, the design was a disaster and was unpopular with consumers. Unlike Chrysler, which still had more traditional models to fall back on, DeSoto was hobbled by the Airflow design until the 1935 Airstream arrived.