In this book you’ll find eccentrics, misfits and geniuses who made and lost fortunes, founded and lost companies, gained brief fame and were eventually forgotten by just about everyone except automotive industry historians. Although the book purports to focus on Billy Durant, Alfred Sloan and General Motors, its scope is actually much wider, since the evolution of the automobile industry exemplifies the evolution of U.S. industries in general. getAbstract recommends this lively, readable saga to history buffs and managers. It is a highly instructive take on the parallels between boom and bust in the car industry of the 1910s and in the high-tech industry of the 1990s.
In this summary, you will learn
- How Billy Durant contributed to the evolution of the American auto industry;
- How the industry and General Motors developed; and
- What role Alfred Sloan played in building GM and the U.S. industrial sector.
About the Author
William Pelfrey is a veteran U.S. Foreign Service Officer and former director of executive communications for General Motors.
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Comment on this summary
7 years agoI have just finished this book and it is simply fascinating. The way that all the actors fit in the history of GM and the influence they had on it eventually makes the book difficult stop reading until finding it. A Very descriptive narration that evolves you in the past times and makes you imagine how the things were done to lay out the foundations of the american auto industry. On the other hand, some sad stories of very-talented men that at the end one can ask how those things happen. But that is life. Thumbs up to the author!