When did General Motors Buy Chevrolet Motor Company?
When did General Motors Buy Chevrolet Motor Company? GM buys Chevrolet. On this day in 1918, General Motors Corporation (GM), which will become the world’s largest automotive firm, acquires Chevrolet Motor Company. Who was the owner of the Chevrolet company? In November 1911, he launched Chevrolet Motor Company, named for his partner, the Swiss race car driver Louis Chevrolet. Still the owner of a considerable portion of GM stock, Durant began to purchase more shares in the company as his profits from Chevrolet allowed. Who was the owner of General Motors in 1918? With the sale, concluded on May 2,...