Louis Chevrolet, the founder of Chevrolet, died bankrupt and poor working as a mechanic for the company he started
Louis Chevrolet, the co-founder of a car company named after him, had a great talent for racing and designing cars. However, he was not much of a businessman. He sold his stocks to his business partner William C. Durant, due to their disagreement over a car’s design in the early years of the company. He never succeeded financially anywhere else and finally got hired back at Chevrolet as a mechanic.
February 1, 2022
It appears that Durant was tone-deaf to the human condition.
Put another way, Louis
Chevrolet had a parsimonious prick for a partner. Louis should have been treated with more respect.
Of course, it’s conceivable that L. Chevrolet was a difficult, alcohol addicted mess.
But, even in that event, (tactfully and quietly,) he should have been given plenty of dough a dog, a car and a beach cottage.
C’mon Durant. Really.
June 27, 2023
So I am NOT sticking up for Mr. Durant here but I am thinking that Mr. Chevy here feels very comfortable as a mechanic rather than any other position at Chevy… Sure there is a need for concept creators (designing cars) but the every day needs of Chevy likely were the service of there cars. I do agree some kind of “Severance” would have been nice outside of just a job, but I feel that Mr. Chevy didn’t look at his position of mechanic as an insult, rather he looked at it as something that he was comfortable doing…
I find this to be true with many who choose to be just another worker rather than taking a promotion and pay raise into management… Reasons varry but it generally boils down to the person feels that they can best be used right where they are… By Changing that, it isn’t utilizing that person to the best of their abilities…
So the re-hire as mechanic can also be a placement of choice too…
June 5, 2022
What a tragic end and no one seems to celebrate his sacrifice or to talk about him these days