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  1. Home
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  3. March
  4. 16
  5. Oldsmobile Toronado

Events on March 16 in history

Oldsmobile Toronado
1968Mar, 16

General Motors produces its 100 millionth automobile, the Oldsmobile Toronado.

Understanding General Motors: An American Automotive Giant

Steering the course of American automotive history, General Motors Company (GM) stands as a formidable multinational manufacturer, firmly rooted in Detroit, Michigan. As the largest automobile producer based in the United States and a significant player on the global stage, GM's influence has been felt across continents, shaping how millions experience mobility.

A Legacy Forged in Innovation and Ambition

The story of GM begins not with cars, but with horse-drawn vehicles. It traces its origins back to September 16, 1908, when William C. Durant, then the era's leading seller of horse-drawn carriages, established a holding company for Buick. Durant's vision, however, was far grander: to consolidate many independent automotive companies under one umbrella. This ambition led to GM's meteoric rise, culminating in an astonishing 77 consecutive years as the world's largest automaker, a reign that began in 1931 when it surpassed the Ford Motor Company. This period of dominance, a testament to American industrial prowess, lasted until 2008 when it was ultimately overtaken by Toyota. Following a significant Chapter 11 reorganization in 2009, the current corporate entity emerged, adapting and evolving for the 21st century.

The Extensive Reach of GM: Brands, Divisions, and Future Visions

Today, General Motors operates manufacturing plants in eight countries, demonstrating its expansive global footprint. At its heart are four globally recognized core automobile brands: Chevrolet, known for its diverse range from rugged trucks to family-friendly sedans; Buick, offering refined and sophisticated vehicles; GMC, a specialist in professional-grade trucks and SUVs; and Cadillac, synonymous with luxury and cutting-edge design. Beyond these iconic names, GM strategically holds interests in prominent Chinese brands like Wuling Motors and Baojun through robust joint ventures, and also in DMAX, a diesel engine manufacturer.

GM's ecosystem extends far beyond just selling cars. It encompasses a suite of specialized divisions and services, each contributing to a holistic mobility future. BrightDrop focuses on electric light commercial vehicles and delivery solutions, catering to the burgeoning e-commerce logistics sector. GM Defense leverages the company's manufacturing expertise for military applications, producing specialized vehicles for national defense. For vehicle safety, security, and connectivity, OnStar has become a household name, providing peace of mind to drivers. The company's extensive auto parts division, ACDelco, ensures that GM vehicles, and many others, are maintained with quality components. Moreover, through GM Financial, the company offers a comprehensive range of financing options to its customers. Looking to the future, GM is at the forefront of autonomous driving technology, holding a majority ownership in Cruise LLC, a leader in self-driving car development.

Pioneering a Sustainable Future: The Electric Revolution

In a bold move towards environmental stewardship, GM has publicly committed to a vision of carbon neutrality. The company intends to cease production and sales of vehicles using internal combustion engines, including hybrids and plug-in hybrids, by 2035. This ambitious goal is a cornerstone of its broader plan to achieve carbon neutrality across its global products and operations by 2040. Demonstrating its commitment to alternative fuels, GM currently offers more flexible-fuel vehicles—capable of running on E85 ethanol fuel, gasoline, or any blend of both—than any other automaker, showcasing its dedication to diverse, cleaner energy solutions.

A Glimpse into Automotive History: The Revolutionary Oldsmobile Toronado

Innovation has always been a hallmark of General Motors, and few vehicles exemplify this better than the Oldsmobile Toronado. Produced and marketed by GM's Oldsmobile division from 1966 to 1992 across four generations, the Toronado wasn't just another personal luxury car; it was a trailblazer. It notably featured a unique transaxle version of GM's Turbo-Hydramatic transmission, a groundbreaking engineering feat that made it the first U.S.-produced front-wheel drive automobile since the Cord's discontinuation in 1937. Sharing the versatile GM E platform—originally introduced by the rear-wheel drive Buick Riviera in 1963 and later adopted for the front-wheel drive 1967 Cadillac Eldorado—the Toronado utilized this common architecture for much of its impressive 26-year run. The original 1966 model garnered widespread acclaim for its forward-thinking design, earning prestigious accolades such as Motor Trend's Car of the Year Award and Car Life's Award for Engineering Excellence. Its design prowess even transcended borders, securing recognition in Europe as the third-place finisher in the European Car of the Year competition—a rare honor for an American car. Interestingly, the name "Toronado" itself had no prior meaning, originally chosen for a 1963 Chevrolet show car, adding to the mystique of this iconic vehicle.

Frequently Asked Questions about General Motors

What is General Motors (GM)?
General Motors (GM) is an American multinational automotive manufacturing corporation headquartered in Detroit, Michigan. It's one of the world's largest automakers, known for brands like Chevrolet, Buick, GMC, and Cadillac.
When was GM founded?
The company traces its origins to September 16, 1908, when William C. Durant established a holding company for Buick. The current corporate entity was established in 2009 after a Chapter 11 reorganization.
What are GM's primary automobile brands?
GM's four core automobile brands are Chevrolet, Buick, GMC, and Cadillac.
What is GM's commitment to electric vehicles?
GM intends to end the production and sales of vehicles using internal combustion engines by 2035 as part of its plan to achieve carbon neutrality by 2040.
What was special about the Oldsmobile Toronado?
The Oldsmobile Toronado, produced from 1966-1992, was notable for being the first U.S.-produced front-wheel drive automobile since 1937, featuring a unique transaxle version of GM's Turbo-Hydramatic transmission. It also received significant design and engineering awards.
What are some of GM's other businesses or divisions?
Beyond core automotive brands, GM has divisions like BrightDrop (delivery services), GM Defense (military vehicles), OnStar (vehicle safety and information), ACDelco (auto parts), GM Financial (financing), and a majority stake in Cruise LLC (self-driving cars).

References

  • General Motors
  • Oldsmobile Toronado

Choose Another Date

Events on 1968

  • 30Jan

    Tet Offensive

    Vietnam War: Tet Offensive launch by forces of the Viet Cong and North Vietnamese Army against South Vietnam, the United States, and their allies.
  • 31Jan

    Tet Offensive

    Vietnam War: Viet Cong guerrillas attack the United States embassy in Saigon, and other attacks, in the early morning hours, later grouped together as the Tet Offensive.
  • 29Apr

    Counterculture of the 1960s

    The controversial musical Hair, a product of the hippie counter-culture and sexual revolution of the 1960s, opens at the Biltmore Theatre on Broadway, with some of its songs becoming anthems of the anti-Vietnam War movement.
  • 14Oct

    U.S. Marine Corps

    Vietnam War: The United States Department of Defense announces that the U.S. Army and U.S. Marine Corps will send about 24,000 soldiers and Marines back to Vietnam for involuntary second tours of duty in the combat zone there.
  • 20Oct

    Jacqueline Kennedy

    Former First Lady Jacqueline Kennedy marries Greek shipping tycoon Aristotle Onassis.

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