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Chevrolet ,colloquially referred to asChevyand formally theChevrolet Division of General Motors Company, is an American automobile division of the American manufacturerGeneral Motors(GM).
Louis Chevroletand ousted General Motors founderWilliam C. Durantstarted the company on November 3, 1911as the Chevrolet Motor Car Company. Durant used the Chevrolet Motor Car Company to acquire a controlling stake in General Motors with a reverse merger occurring on May 2, 1918 and propelled himself back to the GM presidency. After Durant's second ousting in 1919,Alfred Sloan, with hismaxim"a car for every purse and purpose," would pick the Chevrolet brand to become the volume leader in the General Motors family, selling mainstream vehicles to compete withHenry Ford'sModel Tin 1919 and overtaking Ford as the best-selling car in the United States by 1929.