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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
    Photo: Corvettes take off
    Photo courtesy MC3 A.J. Johnson To celebrate the Boone Trail Corvette Club's 37th anniversary, 16 members took their Corvettes on the 700-plus-mile trip to Pensacola, Fla., to visit the Blue Angels - the U.S. Navy's flight demonstration squad. The members got to meet the Blue Angels and take photos. Read More ...

    Lee's chance to steer a new course
    South Korean President Lee Myung-bak has lost the most from the sinking of one of his navy's corvettes, the Cheonan , while North Korea basks in the diplomatic victory of the United Nations Security Council's dull response to the affair. Read More ...

    How To Spot A Muscle-Car Guy
    Need to know if someone you love is a bona fide muscle-head? Here are the symptoms. Read More ...

 

 
 
 
 

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