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General Motors Company (GM) is an American automotive multinational corporation ...
Dec 16, 2008 · Dec 16, 2008. William C. Durant. Because of a national economic crisis and flamboyant leadership, General Motors was placed at risk in 1920. But its recovery became legendary. When the First World War ended in November of 1918, millions of Americans who had been drafted into military service were quickly returned home.
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Mar 13, 2024 · William Crapo Durant (born Dec. 8, 1861, Boston—died March 18, 1947, New York City) was an American industrialist and founder of General Motors Corporation, which later became one of the largest corporations in the world in terms of sales. After establishing a carriage company in Michigan in 1886, Durant took over a small firm in 1903 and ...
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.
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 ...
The rise and fall and rebirth of General Motors Slideshow One Page William C. Durant founded General Motors in 1980 alongside Charles Stewart Mott and Frederic L. Smith.
William C. Durant founded General Motors in 1908. Originally intended as a holding company for the Buick Car Company, within two years Durant brought some of the biggest names in the automotive industry, including Oldsmobile, Cadillac, Oakland (later known as Pontiac) and the predecessors of GMC Truck. In 1910, Durant lost control of the ...
