Archive for the ‘detroit’ tag
August 22nd, 1902 Henry Leland formed the Cadillac Automobile Company in remnants of the Henry Ford Company (see Ford history). Henry Leland was actually brought in to help liquidate assets from the Henry Ford Company instead he ended up talking Ford’s financial backers into starting a new company and using Leland’s single-cylinder engine. Without Henry Leland’s efforts the automotive industry wouldn’t be where it was today.
It is a rarity to be one of the oldest car manufacturers in America. Buick is a pioneer of domestic automobiles and continues to maintain its status in the initial level affluent car arena. The automaker that brought us the Rendezvous Crossover and Terrazza in the new millennium has a long history of producing quality automobiles. Buick’s past began long before the Roadmaster Skylark of the 1950’s and the trendy Y-Job of the 1930’s.
William C. Durant and Louis Chevrolet founded Chevrolet in Detroit in 1911. Louis Chevrolet was a Swiss-born American racecar driver. W.C. Durant was an American automobile pioneer who had purchased Cadillac and built General Motors (read GMC history). However, Durant overextended himself financially and in 1910, the banking interests that assumed control of GM ousted him. The partnership between Durant and Chevrolet formed quickly but just as quickly, a disagreement between the two men emerged. In 1914, W.C. Durant bought out Louis Chevrolet and got sole ownership of the company.