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The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible.
The company originated as a holding company for Buick established on September 16, 1908, by William C. Durant, the largest seller of horse-drawn vehicles at the time.
They agreed, and General Motors was incorporated on September 16, 1908. In fact, Durant almost purchased Ford in 1909. After getting GM in shape, Durant had Henry Ford agree to sell the company for $8 million.
5 days ago · Early history. Under the leadership of William C. Durant, the General Motors Company was founded in 1908 to consolidate several motorcar companies producing Buick, Oldsmobile, Cadillac, Oakland (later Pontiac), Ewing, Marquette, and other autos as well as Reliance and Rapid trucks.
Key Dates: 1892: R.E. Olds founds the Olds Motor Vehicle Company. 1895: The first Oldsmobile model is taken on its trial run. 1900: David Buick founds a factory in Detroit. 1902: Henry Leland produces the first Cadillac. 1903: William Durant forms General Motors Corporation, bringing together Oldsmobile and Buick.
Jul 3, 2022 · According to the History Channel and Automotive News, Durant took Buick and turned it into GM on September 16, 1908. Two years later, General Motors was pumping out Oldsmobile, Cadillac, and Oakland vehicles. At the same time, GM was struggling financially, which stockholders blamed on this quick expansion two years earlier.
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GM was first incorporated on September 16, 1908, and within a few years would include familiar names such as Oldsmobile, Cadillac, and Oakland, which eventually became Pontiac. Buick has one of the most storied heritages of any American automobile.
