United States — Historical Events Description

United States flag
United States
Event
Founding of General Motors Corporation
Category
Economic
Date
1908-09-16
Country
United States
Description

On September 16, 1908, William C. Durant founded General Motors Corporation in Flint, Michigan. The company began as a holding firm for Buick and quickly acquired other automakers. GM became one of the largest automobile manufacturers in the world, symbolizing U.S. industrial strength in the twentieth century. Its operations influenced labor relations, urban development, and consumer culture. The company’s later financial struggles and restructuring highlighted the challenges facing U.S. manufacturing in a global economy.