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Jul 14, 2008 · That's when Durant formed General Motors, consolidating 13 car companies, including Cadillac, that catered to different incomes and tastes. "He was a genius, an absolute genius. He wasn't a detail ...
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 ...
May 5, 2022 · The ebb and flow of his success is an accurate American tale of perseverance, making Durant a pioneer, a charismatic dealmaker, and a dreamer in every sense of the word. The founder of General Motors himself––William "Billy" Crapo Durant is an important topic on your journey to find a 'GMC dealer near me.'.
Durant History. William C Durant. William C. (Billy) Durant formed Durant-Dort Carriage Company in 1886 with business partner J. Dallas Dort. Together, they grew the company into the largest if not one of the largest carriage and buggy manufacturing companies in the United States. In 1904 Durant jumped over to the automobile manufacturing ...
From that base, Durant, as president, created the General Motors Corporation and launched a successful expansion program. Post-World War I difficulties again forced him out of General Motors in 1920, and he formed a new firm, Durant Motors, Inc., in 1921. This and later ventures, some of which were large, were generally unsuccessful. Durant ...
Durant and Chevrolet would would open the first Chevy factory in Flint, Michigan, at the corner of Wilcox and Kearsley St. Chevrolet would debut their first production model in 1913, at the New York Auto Show. The model they revealed was the Series C Classic Six–designed by Etienne Planche, and based on plans laid out by Louis Chevrolet.
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
