[3][4] Peerless popularized a number of vehicle innovations that later became standard equipment, including drum brakes and the first enclosed-body production cars.

The Green Dragon brought notability and success to Peerless, as Oldfield used it to set a number of early world automobile speed records.

Piloted by Earnest Bollinger, Aurther Feasel, and briefly by Barney Oldfield, the Peerless led the race for the first hour before crashing into a fence, later finishing in 3rd place.

[3] As the Peerless namesake grew in fame, the company began producing increasingly higher-priced models with a focus on luxury.

Peerless stripped down its production and attempted to market one line of vehicles to wealthy Americans who were not affected by the depression.

[1][3] Hershey's single prototype V-16 remained in the Peerless factory until the end of World War II and it is now owned by the Crawford Auto-Aviation Museum in Ohio.