E.L. Cord bought the company on October 26, 1925, for the brothers' engineering skills, talent and the brand name in order to produce luxury cars. He challenged Fred Duesenberg to design an automobile that would be the best in the world. Indeed, Cord wanted the biggest, fastest, and most expensive car ever made. He also ordered a large chassis to be able to compete with the biggest, most powerful, and most luxurious European cars of the era, such as Hispano-Suiza, Isotta Fraschini, Mercedes-Benz, and Rolls-Royce.