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General Motors
at 100
September 16th,
2008. One of the nation’s largest corporations is 100 years old today.
General Motors was the brainchild of William Durant of Flint, Michigan.
Durant co-founded Chevrolet — named after noted European racing drivers
Louis and Gaston Chevrolet — and he promoted Buick to prominence on early
racetracks. Two times over the years, Durant headed — and then lost control
— of General Motors. Besides Oldsmobile, GM has made several brands no
longer around, including Marquette, Oakland and LaSalle. In 1908, when
GM was founded, there was a total of 198,000 cars and trucks in the U.S.
Now, there are more than 241 million motor vehicles on the nation’s roads.
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