On this day in 1954 General Motors announced a $1 billion investment into the expansion of their auto industry. GM was founded in 1908 as a holding company and quickly acquired brands such as Oldsmobile, Oakland, and others, including Chevrolet in 1916. The growth helped GM become the largest automotive business in terms of in the early part of the century. Their 1954 investment was geared toward overall expansion of their numerous brands, including Cadillac, Chevrolet, and Buick. Their investments led to some models that are cherished through the ages including the Tri-Five Chevrolets.
Scaglietti, left, in his body shop Sergio Scaglietti opened Carrozzeria Scaglietti, an auto repair and…
Too much money. Too much hype. Too much of the same old thing. Designed to…
This 1955 Mercedes-Benz 170 S-D Diesel pickup truck appears to be an exceptionally rare find,…
1961 DeSoto Less than a week after Chrysler acquired Dodge Brothers, it debuted its new…
Georges Besse (Renault) On this day in 1986 Georges Besse, the 58-year-old CEO of French…
1905 White steam car. Not the first stolen car, but similar. This one is known…