Excelsior was a Belgian automobile manufacturer that operated from 1903 to 1932. The company was initially established as Compagnie Nationale Excelsior in Brussels. It underwent several changes in ownership and structure throughout its existence, reflecting the evolving landscape of the automotive industry in Belgium. From 1907 to 1909, the company was known as A. de Conincket Compagnie, continuing its operations in Brussels and Liège. In 1909,…