Walter ChryslerBorn 2 Apr 1875; died 18 Aug 1940 at age 65. Walter Percy Chrysler was an American industrialist and inventor who founded his own company, Chrysler Motors. He began as a teenager in the railroad industry and rose to management positions. Then, in 1912, Charles W. Nash recruited him as works manager for the Buick division of General Motors. Chrysler reorganized production for efficiency, increasing output and profits, but resigned in 1920. He rescued Willys-Overland automobile company from bankruptcy and then turned Maxwell Motor Company into the Chrysler Corporation (1924) which produced Chrysler's first car in Jun 1925. The company grew to become the third of the present “Big Three” automobile manufacturers.« |
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