The history of the company begins in 1902, when David Buik sold his former enterprise, and for the gained amount of 100 thousand. dollars created new, for car production.
The first car was designed by Buik and entered the market in 1903. Buyik had the talent of an engineer, but he had no dealers of businessman, so he gradually stopped leading the company, remaining until 1908 a member of the board of directors.