October 1, 1908 was a big day in the growing automotive industry. Up in Flint, Michigan, William Durant had recently formed General Motors, intending it be a holding company for various automotive interests. On this day in 1908 his new company acquired its first property, Buick, though it was more or less a transfer from current owner Durant to GM. On the same day, about 70 miles southeast of Flint, in the booming town of Detroit, the Ford Motor Company manufactured its first production Model T. The world changed forever.
William Durant
Henry Ford
A month after Buick moved under the GM umbrella, Durant acquired Oldsmobile. In 1909 he'd snap up several more, including Cadillac, Oakland (to become Pontiac), Rapid Motor Vehicle Company (to become GMC), Reliance Motor Truck Compa...