1909, Cadillac Enters the Fold
<< Previous Article | Generations of GM Wiki Timeline | Next Article >>
After two earlier attempts had failed because of a high asking price, Durant’s GM acquired Cadillac Motor from Henry Leland and his son, Wilfred, for $4.75 million, with the stipulation that the two Lelands be allowed to continue managing all Cadillac operations. They did so until 1917, when they parted ways with Durant and formed the Lincoln Company, which went bankrupt and was acquired at auction by Ford Motor Company in 1921.
Tell us more. The Generations of GM Wiki is about expanding the story of General Motors to include as many relevant voices and perspectives as possible. If you have information that is pertinent to the narrative of GM, please add to the history.
Tag Cloud
 |
English • 中文 |