Re: 1948 Merger Talks

Posted by Packard53 On 2008/4/24 16:21:24

Pushbutton: Durant lost control of GM in 1910. Then he founded Chevy and along with using DuPont money gained control of Gm again in 1915. Durant controlled GM until 1920 when he was ousted again. In 1920 GM was in such bad shape due to Durants dealings that the only thing that kept GM from going under was DuPont money.

In 1924 I believe Durant had five differnet makes of cars in its line-up including a truck division Mason trucks. In fact the Star Motor was the seventh leading seller in 1923 or 1924.

John F. Shireman