William Crapo Durant (December 8, 1861 – March 18, 1947), also known as Billy Durant, was a leading pioneer of the United States automobile industry, who created a system in which a company held multiple marques – each seemingly independent, with different automobile lines – bound under a unified corporate holding company.
William C. Durant was an American entrepreneur who co-founded the automobile company 'General Motors Corporation.' He ventured into the vehicle industry through his 'Flint Road Cart Company,’ later renamed the 'Durant-Dort Company,' in Michigan, which eventually became the largest manufacturer of horse-drawn vehicles in the country.
Durant, William C. The founder of General Motors, William Crapo Durant was born on December 8, 1861 in Boston, Massachusetts. He dropped out of high school to work at his grandfather’s lumberyard in Flint, Michigan. His grandfather, Henry H. Crapo, was governor of Michigan from 1864-1868.
Executive summary: Founder of General Motors William C. Durant's father was a successful banker and stock speculator, and his maternal grandfather, Henry Howland Crapo, was a lumber and railroad magnate who was Mayor of Flint when Durant was born and later became Governor of Michigan.
- December 8, 1861
- March 18, 1947
William Crapo "Billy" Durant was born on December 8th, in 1861. He is best remembered for being among the pioneers of the U.S. automobile industry. He is also recognized as a co-founder of GM (General Motors). He partnered with Frederic L. Smith to establish GM.
William Crapo Durant, (born Dec. 8, 1861, Boston—died March 18, 1947, New York City), American industrialist and founder of General Motors Corporation, which later became one of the largest corporations in the world in terms of sales.
The most common way people give up their power is by thinking they don’t have any. But this does not go with the life of William C. Durant, a leading pioneer of the automobile industry in the United States. He was the one who created the multi brand holding system of cars in companies. He is most popularly known as the founder of General Motors
Undeterred, Durant partnered up with Louis Chevrolet to form Chevrolet Motor Company in 1911 and used the profits from Chevrolet to regain control of GMC. His management once again proved troublesome, however, and he resigned under an agreement with GM president Pierre du Pont in exchange for du Pont's paying off Durant's debts.
William C. Durant William Crapo "Billy" Durant (December 8, 1861 – March 18, 1947) was a leading pioneer of the United States automobile industry, who created a system in which a company held multiple marques - each seemingly independent, with different automobile lines - bound under a unified corporate holding company.
Nov 15, 2020 · William C. Durant David Dunbar Buick established the Buick Auto-Vim and Power Company in 1899 to build gasoline engines in Detroit, Michigan. He then expanded the company to become the Buick Manufacturing Company in 1902 so he could sell the engines to vehicle manufacturers; and then it became the Buick Motor Company the following year.