Buick
Buick is a brand of automobile built in the United States, Canada, and China by General Motors Corporation. Buicks are sold in North America, China, Taiwan, and Israel. The name is pronounced "B-YOO-ick" (IPA 'bjuIk). more...
It is now GM's only semi-luxury brand since the demise of Oldsmobile in 2004.
History
Buick originated as an independent motor car manufacturer, the Buick Motor Company, incorporated on May 19, 1903 by the Scottish-American David Dunbar Buick (who invented the overhead valve engine on which the company's success was based) in Flint, Michigan. In 1904 the struggling company was taken over by James Whiting, who brought in William C. Durant to manage his new acquisition. Buick himself unwisely sold his stock for a small sum at his departure, and died in very modest circumstances forty years later.
Durant was a natural, however, and Buick soon became the largest car maker in America. Using the profits from this, Durant embarked on a series of several dozen corporate acquisitions, calling his new mega-corporation General Motors.
At first, the different manufacturers who comprised General Motors competed against each other, but Durant put a stop to that. He wanted each General Motors division to target one class of buyer, and in his new scheme Buick was near the top—only the luxurious Cadillac brand had more prestige.
In 1929, the marque launched the Marquette designed to help bridge the price gap between Buick and Oldsmobile, however the Marquette was discontinued in 1930.
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