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Essay Galaxy - The History of General Motors
The History of General Motors
One September evening in 1886, a young businessman in an old lumber town in
Michigan hitched a ride in a friend's horse-drawn cart. The cart's spring
suspension made it a more comfortable ride than usual--so comfortable, in
fact, that the young businessman bought the rights to manufacture the cart,
contracted with a carriage maker for production, and founded the Flint Road
Cart Company. Here's the story of how Billy Durant's entrepreneurial spirit
planted the seeds of the world's largest industrial corporation.
1899 - 1907: LITTLE BUICK BECOMES A BIG SUCCESS
In 1899, Scottish-born David Buick turned from plumbing to making engines
and went into business as an automobile manufacturer. By 1903, though, his
Buick Motor Company was in financial trouble. In an effort to locate ne....
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Number Of Pages: 14 |
Number Of Words: 3651 |
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