Not the 1st submarine to be advertised in conjunction with a car sales advertisement (that was a White in 1919) but the most recent I've found, a Lincoln with the USS Swordfish

http://justacarguy.blogspot.com/2017/05/a-car-advertisement-with-submarine-how.html for the 1919 ad.

I still haven't figured out why they ever thought a submarine made a sales pitch marketing logical connection

Anyone certain where this photo was taken?

http://www.overdrive.fi/forum/threads/vanhoja-valokuvia-ameriikan-raitilta.267070/page-734#post-3176802