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Nov 21, 2016 · Within weeks stock in the company was sold, raising more than $12 million (about $160 million today), and General Motors was born. Durant was a wheeler-dealer and soon bought control or interest ...
Jan 12, 2013 · On September 16, 1908, Durant incorporated General Motors of New Jersey (GM) with a capital investment of $2,000. Within 12 days the company issued stocks that generated over $12,000,000 in cash. General Motors then purchased Buick with stock. Six weeks later, GM acquired the Olds Corporation of Lansing, Michigan.
Sep 16, 2023 · September 16, 2023. Brian Corey. Buick Motor Car company owner William C. Durant leveraged an engine supply deal with McLaughlin Motor Car Company of Canada to found General Motors on this day in 1908. In the beginning, the Detroit headquartered GM , which positioned it self as an automotive holding company, had only Buick, under its umbrella.
Jun 10, 2021 · He founded the automotive giant that would later become General Motors, first by manufacturing shock-absorbing carriage seats to later absorbing major corporations in automotive manufacturing. Durant is usually overshadowed by automotive pioneer Henry Ford, especially in Michigan. Ford’s legacy is still alive today as his southern Michigan ...
- Jesse Roberts
Sep 23, 2018 · The life and accomplishments of full-throttle William Crapo Durant were subjects of reflection as both General Motors and Chevrolet rolled past their centenaries in recent years. Less well known, you might suggest, is that Billy Durant left a lot of cars and brands on the table during his business forays, which dated back to horse-provided ...
- Jim Donnelly
William C. "Billy" durant. William C. "Billy" Durant ( December 8, 1861 – March 18, 1947) The Man Who Invented The Future. He was a super salesman—maybe the best that ever lived. He was a marketer extraordinaire, perhaps the most prolific in industrial history. He was a genius with organizational development, a master talent scout, and most ...
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William Crapo "Billy" Durant (December 8, 1861–March 18, 1947) was a leading pioneer of the United States automobile industry, the founder of General Motors and Chevrolet who created the system of multi-brand holding companies with different lines of cars.