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GM is 106 Today


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WASHINGTON -- Sept. 16, 2014: Following is the daily "Profile America" feature from the U.S. Census Bureau:

GM FOUNDED

Profile America — Tuesday, September 16th. One of the nation's largest corporations is 106 years old today, although in common with other centenarians, it has its ailments. General Motors was conceived by William Durant of Flint, Michigan. Durant co-founded Chevrolet — named after noted racing car drivers Louis and Gaston Chevrolet, originally from Switzerland – and Durant promoted Buick to prominence on early racetracks. Over the years, Durant headed, and then lost control of General Motors not once, but twice. In 1908, when GM was founded, there were just 198,000 cars and trucks in the U.S. Today, there are over 253-million. Assembling motor vehicles is a $234-billion a year business for 336