The Peerless Motor Car Company (not to be confused with the later Peerless Cars Ltd. of the UK) was an American automobile manufacturer that produced the Peerless brand of motorcars in Cleveland, Ohio, from 1900 to 1931. One of the "Three Ps" – Packard, Peerless, and Pierce-Arrow – the company was known for building high-quality luxury automobiles. Peerless popularized a number of vehicle innovations that later became standard equipment, including drum brakes and the first enclosed-body production cars. However, the Great Depression that began in 1929 greatly reduced the sales of luxury automobiles. Peerless stripped down its production and attempted to market one line of vehicles to wealthy Americans who were not affected by the depression. A single V16-engined 1931 Peerless was finished in June 1931, the last Peerless ever produced.