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The History of GM General Motors
William Berg

The history of GM, the world's largest automaker, saw it's beginning in 1908. The company was founded by William Durant in the year 1902. The shrewd businessman that he was, Durant realized that the future lay with cars and not carriages. Initially, the company was founded as a holding company for Buick. The latter part of the year saw the company acquiring Oldsmobile, followed by the possession of Cadillac, Oakland and Elmore in the very next year.

Many of the motor companies were in dire straits during the difficult years of the early 1900's. The stock market panic in 1907 put a lot of small companies into financial distress. Many of these companies were running on credit from various bankers. T...
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Copyright 2010
 

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In the News
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    Carlisle Events had a record turnout at its annual Corvettes at Carlisle show in the last weekend of August. Read More ...

    Cruising down memory lane
    Once a month, the streets of Littleton would be filled with Chevelles, Corvettes, El Caminos, Barracudas, Mustangs and other iconic muscle cars of the 1960s if Littleton resident Harold Shultes had his way. Read More ...

 

 
 
 
 

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