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  1. Sep 16, 2023 · Buick Motor Car company owner William C. Durant leveraged an engine supply deal with McLaughlin Motor Car Company of Canada to found General Motors on this day in 1908.

  2. 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 ...

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  4. 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.

  5. 6 days ago · In 1876 Samuel McLaughlin started the McLaughlin Carriage company in Ontario, Canada, and by 1903 they were leaders in the industry. He also owned the Chevrolet Motor Company of Canada Limited and in 1915 the two became General Motors of Canada Limited. In 1886 William C. Durant started the Durant-Dort Carriage Company and by 1903 he had ...

  6. Dec 16, 2008 · Gerald Perschbacher. 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.

  7. 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.

  8. Volume. 24. Issue. 5. On March 18, 1947, at 2:15 A.M. , William Crapo Durant, founder of General Motors and Chevrolet and the “leading bull” in the great stock-market boom and crash of the late 1920’s, died at his New York City apartment with his wife and nurse in attendance. His last fortune had evaporated in the Depression of the 1930 ...

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