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Nov 3, 2022 · After Louis left the company in 1915, he sold his share in the company to Durant. By 1916, Chevrolet stock was doing so well that Durant purchased a controlling stake in General Motors. In 1917, Chevrolet merged into General Motors. Within four years, GM grew to be eight times larger than it was when Durant regained control in 1916.
- Jesse Batson
- Senior Contributing Writer
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...
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Who founded General Motors?
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.
Sep 16, 2023 · September 16, 2023. Brian Corey. 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.
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 ...
May 2, 2017 · General Motors reopens its birthplace, the historic “Factory One,” in Flint, Michigan. Joe DeMatio. 02 May 2017. One hundred and thirty-one years ago, on the banks of the Flint River, William Crapo “Billy” Durant and his partner Josiah Dallas Dort opened the Flint Road Cart Company in downtown Flint, Mich., to build horse-drawn carriages.
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.
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