One of the companies Durant bought in 1909 was the Northway Motor and Manufacturing Company founded by Ralph Northway who had previously supplied engines to Buick, Oakland, Cartercar and other 1900s manufacturers, including V8 engines to Oldsmobile, Oakland and Cadillac. This meant that the different core brands designed and manufactured their own engines with few interchangeable parts between brands, while sharing chassis, suspension and transmissions. He regained control when he brought on Chevrolet in 1917 which was short lived until he was let go for the second time. There were dozens of other smaller companies that William Durant acquired during his first employment term until he was let go due to financially overextending his purchases. When General Motors was created in 1908, it started out with Buick and soon after acquired Oldsmobile, Cadillac and Oakland. Share of the Northway Motors Corporation, issued 21.
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