Archive for the ‘GM’ 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.
William C. Durant founded the General Motors Corporation of Detroit in 1908. The corporation is now the second largest automaker in the world. And this is the GMC history.