The term 'OLDS ANTIQUE' can be summarized as a three-letter acronym, REO, which stands for the Oldsmobile Antique Automobile Club. The Oldsmobile Antique Automobile Club is an organization dedicated to the preservation and restoration of antique Oldsmobile vehicles. It was founded in 1976 and has since grown to become one of the largest antique car clubs in the United States. The club provides resources and support to its members, including access to parts, technical advice, and events.