Established in Cleveland in 1900, Peerless Motors began producing De Dion-Bouton "machines" under license from the French Company. At the time, Cleveland was the thriving center of automotive production in the United States. Peerless employed Barney Oldfield as a driver of its Green Dragon racecar; in early speed races Peerless proved the durability of the product and setting world speed records. Peerless was noted for its use of flat-plane crankshafts in its engine designs.