What is the History of General Motors?
The General Motors Corporation is the second-largest automaker in the world, just after Toyota. It was founded in 1908 by William C. Durant, in Flint, Michigan, and has consistently been an innovator in automotive technology. General Motors employs more than 250,000 people around the world, with total assets of around $149 billion US Dollars (USD).
The General Motors Corporation is the second-largest automaker in the world, just after Toyota. It was founded in 1908 by William C. Durant, in Flint, Michigan, and has consistently been an innovator in automotive technology. General Motors employs more than 250,000 people around the world, with total assets of around $149 billion US Dollars (USD). William C. Durant was one of the early pioneers of automobiles. He was the son of the Michigan governor, Henry H. Crapo, and by the 1890s had a successful horse-drawn carriage business in Flint. In 1904 he was approached to become General Manager of Buick, a position he jumped into wholeheartedly. He spun his success as manager of Buick to create a holding company in 1908, which he dubbed the General Motors Company. This company then bought Oldsmobile, Cartercar, Ewing, Elmore, Cadillac, and the company that would eventually be Pontiac.
