“In the 1920… the closed body rose to dominance, the Model T came to an end, and the upgrading of cars began. The events of the past few years of car market, I believe, have validated the General Motors product policy that we formulated in 1921. John Gordon, president of General Motors, recently observed that our slogan of “a car for every purse and purpose” is as appropriate as ever; indeed, we have never offered our customers greater variety and choice than we do today. In the 1963 model year the industry offers 429 models of domestically produced cars, compared with 272 in 1955; General Motor alone had 138 models in 1963, compared with 85 in 1955.”

—  Alfred P. Sloan

Source: My Years with General Motors, 1963, p. 512 (2015 edition)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "In the 1920… the closed body rose to dominance, the Model T came to an end, and the upgrading of cars began. The events…" by Alfred P. Sloan?
Alfred P. Sloan photo
Alfred P. Sloan 47
American businessman 1875–1966

Related quotes

“Actually it took four years and more to develop Model T. Previous models were the guinea pigs, one might say, for experimentation and development of a car which would realize Henry Ford's dream of a car which anyone could afford to buy, which anyone could drive anywhere, and which almost anyone could keep in repair. Many of the world's greatest mechanical discoveries were accidents in the course of other experimentation. Not so Model T, which ushered in the motor transport age and set off a chain reaction of machine production now known as automation. All our experimentation at Ford in the early days was toward a fixed and, then wildly fantastic goal.”

Charles E. Sorensen (1881–1968) American businessman

Source: My Forty Years with Ford, 1956, p. 102 ; As cited in: EyeWitness to History (2005)

Alfred P. Sloan photo

“By The middle of The 1920s General Motors had accomplished some things, but apart from survival and reorganization, they were more in the realm of the mind than of reality. We knew, as I have related, the strategy with which we proposed to approach the car business, how we proposed to manage the enterprise financially, and the relationships we wanted to establish among persons in different roles. But by the end of 1924 little of this was reflected in Our activities in the automobile market. That our volume of business had increased after the slump of 1921 — and especially in 1923 — could be attributed less to our own wits than to the improvement in the general economy and the rising demand for automobiles. While internally we had made much progress, externally we had marked time. But the time had come to act.”

Alfred P. Sloan (1875–1966) American businessman

Source: My Years with General Motors, 1963, p. 149

Elon Musk photo

“We are used to things improving every year; we are used to having a better cell phone next year than this year; a better lap top. We are even used to some basic things, like we expect more from your car in next year’s model than last year’s model. But this is not the case in space; reliability and cost - those are the fundamental parameters of transportation - have not improved.”

Elon Musk (1971) South African-born American entrepreneur

Conversation: Elon Musk on Wired Science (2007)

Annie Proulx photo

“We run a car wreck photo every week, whether we have a car wreck or not. That's our golden rule.”

Annie Proulx book The Shipping News

The Shipping News (1993)

George Bernard Shaw photo

“The word morality, if we met it in the Bible, would surprise us as much as the word telephone or motor car.”

George Bernard Shaw Fanny's First Play

Fanny's First Play, Preface (1911)
1910s

“Does the critic wish to influence the kind of film that costs more than £250,000? It is as if he were to send a postcard to General Motors explaining that he would like them to make a raft next year, or a helicopter, instead of a car.”

Kenneth Tynan (1927–1980) English theatre critic and writer

"Footnote on Cinema" (undated), p. 260
Tynan Right and Left (1967)

Alfred P. Sloan photo

“What has taken place is a shift of business from one manufacturer to another, and the announcements in the press as well as the general publicity of those manufacturers who have succeeded in increasing their business give, I think, the impression that this is true of the whole industry. If we could assume, for the sake of argument, that we will reach the point at which twenty-five million cars and trucks will be registered in the United States an assumption that from what we have accomplished so far is certainly perfectly reasonable then I think we could safely say that the replacement demand, plus the export demand which will increase for many years yet, plus the normal growth, would amount to something like four to four and one half million vehicles a year and would require the manufacture of a number of cars equal to or greater than has yet been produced in any year in the history of the industry…
I am sure that I do not need to elaborate what the automotive industry consists of, its influence on the prosperity of the United States, the influence that it has had in many other industries which contribute to its production necessities. General Motors is an important part of this great industry of ours and as my contribution to your visit with us I would like to tell you in a brief way something about General Motors; how we are thinking, what we are doing, and our ambitions for the future.”

Alfred P. Sloan (1875–1966) American businessman

Source: Alfred P. Sloan in The Turning Wheel, 1934, p. 332-3: Speech by President Alfred P. Sloan, Jr., 1927 (II)

Alfred P. Sloan photo

“The transformation of the automobile market was essentially complete in 1929. If Mr. Ford, in that pivotal year in the modern economy, still held stubbornly to his old concept in his new Model A, he was counterbalanced by Mr. Chrysler, who had come up from nowhere with tremendous vitality and with a market policy similar to General Motors'. The fact that Mr. Ford built nearly two million of the five million U. S.-produced cars and trucks sold that year was only incidental from the long-term point of view. it was a splurge, not the sign of a trend.”

Alfred P. Sloan (1875–1966) American businessman

Source: My Years with General Motors, 1963, p. 169

Charles Erwin Wilson photo

“For years I thought that what was good for our country was good for General Motors, and vice versa.”

Charles Erwin Wilson (1890–1961) American secretary of Defence

The difference did not exist. Our company is too big. It goes with the welfare of the country. Our contribution to the nation is considerable.
Charles E. Wilson (1952) in: Confirmation hearings before the Senate Armed Services Committee, responding to Sen. Robert Hendrickson's question regarding conflicts of interest. Quoted in Safire's Political Dictionary (1978) by William Safire.

Henry M. Leland photo

“Our car was an Oldsmobile, delivered to our home by Mr. Olds himself. I recall how our family went out to the street curb to look at it. Mr. Olds worked quite a while cranking it, muttering something about each car having an individuality of its own. But after we began to make motors for him, father took the individuality out of them. After our own little Oldsmobile was properly equipped, it acted in quite an exemplary fashion.”

Henry M. Leland (1843–1932) American businessman

Source: Master of Precision: Henry M. Leland, 1966, p. 65. About the Leland family buying their first automobile around 1901

Related topics