Buick originated as an independent motor car manufacturer, the Buick Motor Company, was incorporated on May 19, 1903 by the Scottish-American David Dunbar Buick (who invented the overhead valve engine on which the company’s success was based) in Flint, Michigan.
In 1904 the struggling company was taken over by James Whiting, who brought in William C. Durant to manage his new acquisition. Buick himself unwisely sold his stock for a small sum at his departure, and died in very modest circumstances forty years later.
Durant was a natural, however, and Buick soon became the largest car maker in America. Using the profits from this, Durant embarked on a series of several dozen corporate acquisitions, calling his new mega-corporation General Motors.
Wednesday, December 5, 2007
1905 Buick
Labels: Veteran Cars