Last year, the Detroit-based automaker adopted the tagline
“Chevrolet runs deep.” Boy, are they right. Over the past century, the
all-American automobile manufacturer has zoomed from low-cost Ford alternative to
sports-car pioneer to surprisingly brisk seller overseas. Here, how a car company
that began as a thumb of the nose at rival General Motors became one of GM’s
postbankruptcy bright spots.
Ousted GM founder William Durant and car engineer and racing legend Louis Chevrolet start the Chevrolet Motor Car Co. The Chevrolet is the first vehicle to feature a gearshift in the center of the floor. It costs $2,150–equal to about $50,000 today.
Durant so admires the wallpaper in a French motel, he adapts the design for Chevrolet’s new bow-tie logo, according to company lore. Other designers see it as a stylized Swiss cross, honoring Louis Chevrolet’s homeland.
Chevrolet introduces the
Corvette, the first mass-
produced sports car. Three
hundred of the $3,498
autos are manufactured in
the first year. (Today, a 1953
Corvette can run $275,000.)
Chevrolet introduces its small-block V8 engine. It
remains in production longer than any other mass-produced engine in the world.
Chevy marketers craft a new
jingle, “Baseball, hot dogs,
apple pie, and Chevrolet.”
The campaign is reintroduced
in 2006, adding modern
American favorites such as
“macchiatos” to the tune.
The Volt is unveiled as the first plug-in hybrid concept car by a major manufacturer. Though $40,000 in price, the EpA rates it the most efficient compact car in the U.S., averaging 93 miles per gallon in electric mode.
Two years after its parent company, GM, emerges from bankruptcy, Chevrolet
announces an all-time sales record of 2.35 million cars sold in the first half of the year, up 16% over 2010. It seems Chevy is revving up for its second century.
A version of this article appears in the November 2011 issue of Fast