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William Crapo Durant (December 8, 1861 – March 18, 1947) was a leading pioneer of the United States automobile industry and co-founder of General Motors and Chevrolet. He 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 Crapo Durant, December 9, 1861, Boston, Massachusetts, U.S.
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. 1909: Cadillac and Oakland (renamed ...
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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. The loan committee of the bank, however, passed on this deal. If Durant had had the cash, Ford would have become a division of GM.
Dec 3, 2020 · — Jonathan Lopez. Jonathan is an automotive journalist based out of Southern California. He loves anything and everything on four wheels. October 2020 marked the ten-year anniversary of the...
Mar 1, 1998 · In 1908, Durant founded General Motors, a consolidation of 13 car companies and ten parts-and-accessories manufacturers, with a capitalization of $60 million. The twentieth century has shown that Durant’s vision of different types of cars for different customers was the best way to build the largest car company in America.
ALFRED P. SLOAN JR. Alfred P. Sloan Jr. assumed the position of GM's CEO in 1923, during a pivotal time when the company was rapidly expanding. Under his competent leadership for over two decades, GM grew to become a leader in technological and managerial innovation in the global automotive industry. Sloan reorganized GM to improve coordination ...
General Motors Company ( GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands, Chevrolet, GMC, Cadillac and Buick. By sales, it was the largest automaker in the United States in 2022, and was the ...
