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1. www.history.com › this-day-in-history › williamWilliam Durant creates General Motors | September 16, 1908 ...

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   Nov 13, 2009 · On September 16, 1908, Buick Motor Company head William Crapo Durant spends $2,000 to incorporate General Motors in New Jersey. Durant, a high-school dropout, had made his fortune building horse ...

2. www.history.com › gm-buys-chevroletGM buys Chevrolet - HISTORY

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   Nov 13, 2009 · GM had been founded a decade earlier by William C. “Billy” Durant, a former carriage maker from Flint, Michigan, whose Durant-Dort Carriage Company had taken control of the ailing Buick Motor ...

3. People also ask

   What happened to Durant Motors?

   • In an agreement made that same year, DuPont paid off all of Durant’s debt; in exchange, the controversial founder left the company. Durant refused to bow out of the automotive industry, however, founding Durant Motors in 1921 and producing a line of cars for the next decade.

   GM buys Chevrolet - HISTORY

   www.history.com/this-day-in-history/gm-buys-chevrolet

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   When did Durant start a car company?

   • He then got former Buick engine builder Arthur C. Mason to set up a new operation, while Durant organized the Little Motor Car Company. Durant incorporated the Chevrolet Motor Company on November 3, 1911.

   The Secret History of Chevrolet - MotorTrend

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   Why did Durant buy a new car?

   • Overthrown but unfazed, Durant invested in a new car called the Chevrolet, named for a popular race car driver of the day. He had the car redesigned for the low-price field and built up Chevrolet’s sales organization, making the company the darling of Wall Street.

   After being ousted from GM, Billy Durant aimed for the skies

   www.hemmings.com/stories/historic-automotive-design-durant-star/

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   When did Durant stop making cars?

   • He gave too little attention to its products and, especially, to the company’s expenses. By 1926, Durant was running out of capital. He sold his Flint, Michigan, plant to GM; the following year he sold the Long Island City plant to Ford. There was no Durant car production in 1927, though it restarted for 1928 with an all-new car.

   After being ousted from GM, Billy Durant aimed for the skies

   www.hemmings.com/stories/historic-automotive-design-durant-star/

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4. www.hemmings.com › stories › historic-automotiveAfter being ousted from GM, Billy Durant aimed for the skies

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   Nov 9, 2022 · Durant also intended to offer a high-price luxury prestige car, plus whatever else happened to come up for sale. Billy Durant’s entry into the lowest-price field was the Star automobile. The 1923 four-door sedan was a handsome, study-looking machine with fully enclosed body work.Courtesy of the author's collection

   • Author: Pat Foster

5. www.motortrend.com › features › the-secret-historyThe Secret History of Chevrolet - MotorTrend

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   Nov 3, 2011 · William Crapo Durant's greatest failure led to the creation of Chevrolet.A year after he incorporated General Motors, he went after Henry Ford's third, and most successful, car company. Ford ...

   • Author: Todd Lassa
   • Video Duration: 16 min

   • Manufacturer: Chevrolet

6. www.thedetroitbureau.com › 2021 › 10The Deal That Could Have Changed History - The Detroit Bureau

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   Oct 30, 2021 · But Durant’s acquisition fee left GM short on cash. Durant turned to the National City Bank of New York to ask for a $2 million loan, even as GM’s board of directors gives Durant the authority to buy Ford on Oct. 26, 1909. But the bank was unwilling to take a risk on the fledgling industry, let alone Durant’s new company. The answer was no.

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7. www.nytimes.com › elon-musk-william-durantElon Musk Wouldn’t Be the First Car Company Founder to Flame Out

   www.nytimes.com › elon-musk-william-durant

   Apr 22, 2024 · After Durant was deposed from G.M. the second time, he flailed between a car company, a cinnabar mine and that bowling alley, which he hoped to turn into a chain. He lost all of his money in the ...

8. www.carsforsale.com › pop-culture › louis-chevroletLouis Chevrolet & William Durant: The Founding of Chevy

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   Nov 3, 2022 · Chevrolet Classic Six - media.gm.com. On November 3, 1911, the Chevrolet Motor Car Company was created. Louis-Jean Chevrolet, his brother Arthur Chevrolet, William Durant, Michigan automaker William Little, and Durant’s son-in-law were all involved in the creation and financing. Louis became the president of the company.