Billy Durant
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Billy Durant
William Crapo Durant (December 8, 1861 – March 18, 1947) was a leading pioneer of the United States automobile industry and co-founder of General Motors and Chevrolet. He created a system in which a company held multiple marques – each seemingly independent, with different automobile lines – bound under a unified corporate holding company. Durant, along with Frederic L. Smith, co-founded General Motors, as well as Chevrolet with Louis Chevrolet. He also founded Frigidaire. Biography Born in Boston, Massachusetts, Durant was the son of William Clark Durant and Rebecca Folger Durant (née Crapo), who was born to a wealthy Massachusetts family of French descent. His mother, Rebecca, was the daughter of Michigan governor Henry H. Crapo, who was also of French descent. William dropped out of high school to work in his grandfather's lumberyard. He started out as a cigar salesman in Flint, Michigan, and eventually founded his own carriage company. In 1886, Durant partnere ...
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Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most populous city in the country. The city boundaries encompass an area of about and a population of 675,647 as of 2020. It is the seat of Suffolk County (although the county government was disbanded on July 1, 1999). The city is the economic and cultural anchor of a substantially larger metropolitan area known as Greater Boston, a metropolitan statistical area (MSA) home to a census-estimated 4.8 million people in 2016 and ranking as the tenth-largest MSA in the country. A broader combined statistical area (CSA), generally corresponding to the commuting area and including Providence, Rhode Island, is home to approximately 8.2 million people, making it the sixth most populous in the United States. Boston is one of the oldest ...
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Durant-Dort Carriage Company
Durant-Dort Carriage Company was a manufacturer of horse-drawn vehicles in Flint, Michigan. Founded in 1886, by 1900 it was the largest carriage manufacturer in the country. This very successful business made the partners rich men and it became the core on which William C. Durant and J. Dallas Dort began to build General Motors. Durant sold out of this business in 1914 and it stopped manufacturing carriages in 1917. Durant-Dort Carriage Company was dissolved in 1924. The premises were taken over by J Dallas Dort's Dort Motor Car Company which he closed in 1924. Flint Road-Cart Company In 1886 William C. Durant rode in a friend's spring-suspensionThe seat with attached footrest was supported above the axle by long cantilevers. The cantilevers which freely pivoted on their fulcrum were supported by leaf springs fixed to the shafts. road-cart built by the Coldwater Road-Cart Company of Coldwater, Michigan. Impressed with the smoothness of the ride, Durant went to Coldwater and bo ...
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Byron J Carter
Byron J. Carter, (August 17, 1863 – April 6, 1908) was an American automotive pioneer. He was a founding partner of the Jackson Automobile Company, and founder of the Cartercar Company. Early life and experience Byron J. Carter was born on August 17, 1863, in Jackson County, Michigan, to Squire B. Carter and Martha Crum. His grandfather, Peter T. Carter, was an early settler in Spring Arbor Township, Michigan. In 1885, Byron Carter established the Steam Job Printing and Rubber Stamp Manufacturing business in at 167 Main St., Jackson. In 1894, with his father, he started a bicycle and sunrise store in Jackson on the corner of Courtland and Jackson streets. Two years later, they returned to the printing business by starting the United States Tag Co. During his years of working at Steam Job Printing, Carter gained experience with steam engines, which gained him a patent for the three-cylinder engine, his first engine for the 1902 Jaxon steam car. He was also granted a patent for a ...
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Jackson, Michigan
Jackson is the only city and county seat of Jackson County in the U.S. state of Michigan. As of the 2010 census, the city population was 33,534, down from 36,316 at the 2000 census. Located along Interstate 94 and U.S. Route 127, it is approximately west of Ann Arbor and south of Lansing. Jackson is the core city of the Jackson Metropolitan Statistical Area, which includes all of Jackson County and population of 160,248. Founded in 1829, it was named after President Andrew Jackson. Michigan's first prison, Michigan State Prison (or Jackson State Prison), opened in Jackson in 1838 and remains in operation. For the longest time, the city was known as the "birthplace of the Republican Party" when politicians met in Jackson in 1854 to argue against the expansion of slavery, although the political party now formally recognizes its birthplace as being Ripon, Wisconsin. Nevertheless, the Republican Party's earliest history dates back to Jackson and is commemorated by a plaque i ...
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Cartercar
The Cartercar was an American automobile manufactured in 1905 in Jackson, Michigan, in 1906 in Detroit, and from 1907 to 1915 in Pontiac, Michigan. History After leaving the Jackson Automobile Company due to a disagreement with his business partners over the choice of transmissions in 1905, Byron J. Carter formed the Motorcar Company in Jackson. The firm relocated to Detroit by the end of the year, due to having financing there. Starting in 1907, the company was named Cartercar Company and was relocated to Pontiac, thereupon merging with the makers of the Pontiac High wheeler. The Cartercar was given a warm reception in the press, largely due to the friction drive transmission, which was a sort of forerunner of the CVT of today, as both offered an infinite number of engine speeds. At 4,000 miles, the paper fiber rims that were part of the friction-drive could be replaced for no more than US$5 ($ in dollars ), which was less than half the price that would be expended o ...
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William C
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of th ...
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Oakland Motor Car
The Oakland Motor Car Company of Pontiac, Michigan, was an American automobile manufacturer and division of General Motors. Purchased by General Motors in 1909, the company continued to produce modestly priced automobiles until 1931 when the brand was dropped in favor of the division's Pontiac make. Beginning The company was created by Edward Murphy who owned the Pontiac Buggy Company and Alanson Brush who was working as a consultant in Detroit after leaving the Cadillac Motor Company. Oakland Motor Company was named for Oakland County, Michigan, in which it was based. As originally conceived and introduced, the first Oakland used a design created by Brush and presented to Murphy who liked the idea and decided to go into business. The vertical two-cylinder engine that rotated counterclockwise was originally presented to Cadillac but was rejected. This design by Alanson Partridge Brush, inventor of the single-cylinder Cadillac and Brush Runabout, also featured a planetary transmi ...
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Olds Motor Works
Oldsmobile or formally the Oldsmobile Division of General Motors was a brand of American automobiles, produced for most of its existence by General Motors. Originally established as "Olds Motor Vehicle Company" by Ransom E. Olds in 1897, it produced over 35 million vehicles, including at least 14 million built at its Lansing, Michigan factory alone. During its time as a division of General Motors, Oldsmobile slotted into the middle of GM's five (passenger car) divisions (above Chevrolet and Pontiac, but below Buick and Cadillac), and was noted for several groundbreaking technologies and designs. Oldsmobile's sales peaked at over one million annually from 1983 to 1986, but by the 1990s the division faced growing competition from premium import brands, and sales steadily declined. When it shut down in 2004, Oldsmobile was the oldest surviving American automobile marque, and one of the oldest in the world, after Mercedes-Benz, Peugeot, Renault, Fiat, Opel, Autocar and Tatra (init ...
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Cost-plus Pricing
Cost-plus pricing is a pricing strategy by which the selling price of a product is determined by adding a specific fixed percentage (a " markup") to the product's unit cost. Essentially, the markup percentage is a method of generating a particular desired rate of return. An alternative pricing method is value-based pricing. Cost-plus pricing has often been used for government contracts (cost-plus contracts), and has been criticized for reducing incentive for suppliers to control direct costs, indirect costs and fixed costs whether related to the production and sale of the product or service or not. Companies using this strategy need to record their costs in detail to ensure they have a comprehensive understanding of their overall costs. This information is necessary to generate accurate cost estimates. Cost-plus pricing is especially common for utilities and single-buyer products that are manufactured to the buyer's specification, such as for military procurement. Mechanics T ...
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Samuel McLaughlin
Colonel Robert Samuel McLaughlin, (September 8, 1871 – January 6, 1972) was a Canadian businessman and philanthropist. He started the McLaughlin Motor Car Company in 1907, one of the first major automobile manufacturers in Canada, which evolved into General Motors of Canada. Life and career McLaughlin was born near Bowmanville in the hamlet of Enniskillen, Ontario, the son of Robert McLaughlin and Mary Smith."The McLaughlins - Sleighs, Buggys, Cars and Ginger Ale". ''The Clarington Promoter'', September 2016, pages 1 and 4. by Myno Van Dyke As a young man, he worked for a short time in a local hardware store, then in 1887 became an apprentice in the upholstery shop of his father's company, McLaughlin Carriage Works, which had opened in 1867 and at one time was the largest manufacturer of horse-drawn buggies and sleighs in the British Empire. In 1890, McLaughlin took a job at H. H. Babcock, an upholstery company in Watertown, New York. In 1892, McLaughlin and his brother G ...
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Oldsmobile
Oldsmobile or formally the Oldsmobile Division of General Motors was a brand of American automobiles, produced for most of its existence by General Motors. Originally established as "Olds Motor Vehicle Company" by Ransom E. Olds in 1897, it produced over 35 million vehicles, including at least 14 million built at its Lansing, Michigan factory alone. During its time as a division of General Motors, Oldsmobile slotted into the middle of GM's five (passenger car) divisions (above Chevrolet and Pontiac, but below Buick and Cadillac), and was noted for several groundbreaking technologies and designs. Oldsmobile's sales peaked at over one million annually from 1983 to 1986, but by the 1990s the division faced growing competition from premium import brands, and sales steadily declined. When it shut down in 2004, Oldsmobile was the oldest surviving American automobile marque, and one of the oldest in the world, after Mercedes-Benz, Peugeot, Renault, Fiat, Opel, Autocar and Tatra (i ...
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Cadillac
The Cadillac Motor Car Division () is a division of the American automobile manufacturer General Motors (GM) that designs and builds luxury vehicles. Its major markets are the United States, Canada, and China. Cadillac models are distributed in 34 additional markets worldwide. Cadillac automobiles are at the top of the luxury field within the United States. In 2019, Cadillac sold 390,458 vehicles worldwide, a record for the brand. Cadillac is among the first automotive brands in the world, fourth in the United States only to Autocar Company (1897) and fellow GM marques Oldsmobile (1897) and Buick (1899). It was named after Antoine de la Mothe Cadillac (1658–1730), who founded Detroit, Michigan. The Cadillac crest is based on his coat of arms. By the time General Motors purchased the company in 1909, Cadillac had already established itself as one of America's premier luxury car makers. The complete interchangeability of its precision parts had allowed it to lay the foundati ...
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