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 new investors, he dispatched Buick engineer Walter Marr to the li....

Number Of Pages: 14

Number Of Words: 3651

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