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1957 Chevrolet Bel Air Convertible. Albaugh LLC is based in Ankeny, as is Albaugh's collection of 150 classic cars, especially Chevrolet convertibles. [4] [5] [6] Albaugh started the collection with the purchase in 1998 of a 1957 Chevy Bel Air convertible from a golfing friend and told his wife he would stop when he completed the Tri-Five Chevrolets, the 1955, 1956 and 1957 models. [7]
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Lithia Motors began in 1946 when Walt DeBoer opened a single car dealership in Ashland, Oregon.In the first year, the five-person company sold 14 cars. [16] In 1968, Walt's son, Sidney DeBoer, took over the business and incorporated Lithia Motors Inc. Sidney reorganized the business and in 1970 purchased a Dodge dealership in Medford.
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Until December 10, 2013, the U. S. Treasury recovered $39 billion from selling its GM stake. The final direct cost to the Treasury of the GM bailout was $11 [94]-12 billion ($10.5 billion for General Motors and $1.5 billion for former GM financing GMAC, now known as Ally). [95] Local tax incentives amounted to $1.7 billion, most of them in ...
In 1926, Northway Motor Division was liquidated and its Detroit plant was sold to Chevrolet on March 31 to become the Chevrolet Gear and Axle Div. Part of the engine tooling machinery was transferred to the Yellow Sleeve-Valve Engine Works at East Moline IL. Some Northway engines were still used by some GMC trucks (K-series) until at least 1930.