Categories: Uncategorized

January 19, 1954 – GM’s $1 billion investment

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.

Brian Corey

Recent Posts

December 15, 1969 – The last Plymouth Superbird

The story of the Plymouth Superbird and its development is fairly well-known, so we won't…

1 week ago

December 14, 1987 – AMC Eagle production ends

1983 AMC Eagle Wagon. By Christopher Ziemnowicz The history of American Motors Corporation (AMC) begins…

1 week ago

December 13, 1939 – The first Lincoln Continental

A first generation Lincoln Continental When Edsel Ford requested a personal luxury vehicle to use…

1 week ago

December 12, 2000 – GM announces end of Oldsmobile

At the time Oldsmobile closed its doors in 2004 it was the oldest surviving American…

1 week ago

December 11, 1990 – The 1990 I-75 Fog Disaster

The 1990 Interstate 75 fog disaster stands as one of the most tragic and impactful…

2 weeks ago

December 10, 1915 – The 1,000,000th Ford

Ford Model T c.1915 Henry Ford had one goal: put the world on wheels. To…

2 weeks ago