Did You Know That. The founder of chevrolet and GM William Durant (1861-1947) had to leave the company three times after financial quarries. Durant at one time amassed a fortune of $120 million. Died as a manager of a bowling alley.
1926 GM purchases remaining
stock in fisher body .
Ford Model T sales drop for the third year in a row.
Total production was 732,147.
1927 Ford shuts down production line for five months for Model A changeover. Chevrolet outsells Ford. Production for the year 678,540
1928 Despite introduction of Ford Model A, Chevrolet still leads sales race.
Five-millionth Chevrolet produced.
Production 785,199.
1929 194 cubic inche, 46 horsepower
"cast iron wonder" or "stovebolt six" introduced.
Chevrolet sells 600,000 cars in first five months.
October 29 stock market crash.
Production 847,053
1930 Seven-millionth Car Produced.
Production down due to economic conditions.
Production 640,980.
1931 Eight-millionth Chevrolet built.
Price from $475.00 for a roadster, and $650.00 for the Special Sedan.
Production 619,554.