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Wiley, Sep 6, 1999 - Biography & Autobiography - 320 pages. The roller-coaster life of the flamboyant creator of General Motors William C. Durant did big things the big way: he overreached, but, until his final failure, he picked up the pieces time after time to confound his competitors. From a turbulent childhood in the small town of Flint ...
Durant Motors was a rising concern for several years, but lost much of its financing in the Wall Street collapse of 1929 and was shuttered in 1933. After this last automotive venture, Durant purchased a bowling alley in Flint, which went bankrupt in less than a year. Father: William Clark Durant (stock speculator, b. 20-Oct-1827, d. 1883)
- December 8, 1861
- March 18, 1947
Jun 10, 2021 · According to a biographer, Axel Madsen, in The Deal Maker: How William C. Durant made General Motors, Durant was an adept salesman from a young age. He traveled extensively around Michigan, successfully selling cigars. While late for a meeting, in 1886, Durant hitched a ride on the carriage of his friend, John Alger.
Dec 3, 2021 · GMC was formed from the merger of the Rapid Motor Vehicle Company and the Reliance Motor Car Company, two small truck manufacturers that had been bought out by General Motors in 1908. William C. Durant had only founded General Motors itself in September 1908 to act as an umbrella company as he expanded his automotive empire.
Nov 3, 2022 · With that collection of companies, Durant created United Motors Company. In 1918, General Motors purchased United Motors for $4,065,000. By 1920, Durant again lost control of GM, this time to shareholders. Durant wasn’t done in the automobile industry, though. He started Durant Motors in 1921, the same year Louis Chevrolet was putting out the ...
Jan 12, 2013 · William Durant: the General of General Motors. William C. Durant was born on December 8th, 1861 in Boston Mass. He quit high school to begin work in his grandfather’s Flint, Michigan, lumberyard. By 1885 he had partnered with Josiah Dallas Dort to organize the Coldwater Road Cart Company, which would become a leading manufacturer of horse ...
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.
