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UID:5167423:Event:35490
DTSTAMP:20260417T183854Z
SUMMARY:William Crapo Durant, founder of GM, born 1861
DESCRIPTION:Always a salesman, William and partner, Josiah Dort, start
 ed the Flint Road Car Co in 1886, Flint MI. building a $2,000 company 
 into the second largest wagon manufacturer in the world, second only t
 o Studebaker. After being skeptical of the new motor cars, he saw the 
 value and purchased the near bankrupt Buick announced on Sept. 11 1903
 . Buick was moved from Detroit to Flint. Durant went right to work and
  entered the Buick in the NY Auto Show and sold over 1,100 orders. Bui
 lding Buick into the number 2 car company ( right behind Ford ) Durant
  formed the General Motors Holding Co on Sept. 16th, 1908. He bought c
 ompanies through cash ( Cadillac ) and stock swaps ( Olds, Oakland ) t
 o form GM. Through over extension and the resession of 1911, Durant wa
 s ousted from GM. The then formed the Little Motor Car Co and the Chev
 rolet Motor Car Co in 1912. After merging the two companies Durant use
 d the stock of Chevrolet to buy GM stock and take control again in 191
 8. History repeated its self in 1921 and Durant was again ousted from 
 GM. He then started Durant Motors and built cars into the early '30s. 
  By 1937 Durant was bankrupt but he never quit. He was a manager of a
  bowling alley in Flint when he pasted away in 1947. Durant made many 
 men millionaires and played a major part in the development of the aut
 o industry.\n\nFor more information visit https://northeastwheelsevent
 s.com/events/william-crapo-durant-founder-of-gm-born-1861
DTSTART:20131208T050000Z
DTEND:20131209T045900Z
CATEGORIES:historic, milestone
LOCATION:Regional and National
WEBSITE:http://www.durantcars.com
URL:http://www.durantcars.com
CONTACT:
ORGANIZER;CN="Pamela Hirschhorn":https://northeastwheelsevents.com/pro
 file/PamelaHirschhorn
ATTACH;FMTTYPE="image/jpeg":http://storage.ning.com/topology/rest/1.0/
 file/get/2284058348?profile=original
ATTENDEE;ROLE=REQ-PARTICIPANT;PARTSTAT=ACCEPTED;RSVP=TRUE;CN="Pamela H
 irschhorn":https://northeastwheelsevents.com/profile/PamelaHirschhorn
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