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The History Of General Motors
Beginning of paper
One September evening in 1886, a young businessman in an old lumber town in
Michigan hitched a ride in a friend's horse-drawn cart. The cart's spring
suspension made it a more comfortable ride than usual--so comfortable, in
fact, that the young businessman bought the rights to manufacture the cart,
contracted with a carriage maker for production, ....
Middle of paper
....s never one to pass up a business opportunity--he collected
companies the way somebody's pack-rat uncle might collect broken lawn
mowers and obscure gadgets. He borrowed a Buick for three months, tested it
exhaustively, and then took over the company and set it back on its feet.
Although he had no engineering experience, within three years Durant h.... |
| Word count: 3658 |
Page count: 14 |
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