“After he bought a dictionary and thesaurus his life became more meaningful.”
Chrysler DodgeIn 1928, the Dodge Brothers, Inc. and the Chrysler Corporation merged. Both Dodge brothers died in 1920. Walter P. Chrysler created Chrysler Corporation on 6 Jun 1924. Dodge Brothers, Inc., was sold to a New York banking firm for $146 million in 1925. Chrysler Corporation purchased the company for $170 million in 1928. Dodge became a Chrysler division. Said Walter P. Chrysler: “Buying Dodge was one of the soundest acts of my life. I say sincerely that nothing we have done for the organization compares with that transaction.” By 1929, Chrysler Corporation was one of the “Big Three” of the auto industry, alongside General Motors and Ford. The Chrysler Building in N.Y.C. opened in 1930 as the world's tallest building. |
