On April 21, 1967, General Motors (GM) celebrates the manufacture of its 100 millionth American-made car. At the time, GM was the world’s largest automaker.
General Motors was established in 1908 in Flint, Michigan, by horse-drawn carriage mogul William Durant. In 1904, Durant invested in the Buick Motor Company, which was started in 1903 by Scottish-born inventor David Dunbar Buick. Within a few years of forming his company, Buick lost control of it and sold his stock, which would later be worth hundreds of millions of dollars. (In 1929, Buick died at age 74 in relative obscurity and modest circumstances). Durant made Buick Motors the cornerstone of his new holding company, General Motors, then acquired Oldsmobile, Cadillac and Reliance Motor Company, among other auto and truck makers.