Subscribe to our Newsletter!

Tag: chervolet

May 2, 1918 – General Motors buys Chevrolet
This Day

May 2, 1918 – General Motors buys Chevrolet

On this day in 1918 General Motors (GM) purchased the Chevrolet Motor Company. In a bit of irony, William C. Durant, founder of Chevrolet, had also founded GM several years earlier, but was kicked to the curb when profits began to fall. Stockholders of GM blamed the issue on Durant and forced him out of the company in 1910. By the end of the next year Durant had teamed up with auto racer Louis Chevrolet to form the Chevrolet Motor Company. Above: 1912 Chevrolet Classic Six. By Trainguy1 CC BY-SA 3.0Top: 1918 Chevrolet, from the year of the sale The company was officially formed on November 3,1911 and by the end of the first prototypes were complete. They created the subsidiary Little to sell lower priced cars as Louis Chevrolet experimented with luxury vehicles for the Chevrolet...
April 21, 1967 – GM produces its 100,000,000th vehicle
This Day

April 21, 1967 – GM produces its 100,000,000th vehicle

Janesville, Wisconsin earned its place in automotive history on this day in 1967 when a 1967 Nantucket Blue Chevrolet Caprice Custom Coupe rolled off an assembly line there, becoming the 100,000,000th General Motors vehicle ever produced. This Caprice, which retailed for $3,078 and had a 395 ci V8 engine that put out 275 horsepower, marked a milestone no other car company had achieved to this date. Interestingly, GM had made this claim once previously, more on that in a moment. The Caprice was an interesting choice for GM to mark this incredible feat with. They could have gone with any number of more exciting vehicles, such as the Corvette, Camaro or Chevelle from Chevrolet, the Firebird from Pontiac, the Toronado from Oldsmobile (which unexplainably was featured in a photo a...

If you learned something today,

please buy me a beer!