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Walter Chrysler

Historical Figure

Walter Chrysler

1875–1940

American automotive industry executive

Victorian Era

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Biography

Walter Percy Chrysler was an American industrial pioneer in the automotive industry, automotive industry executive, and the founder and namesake of American Chrysler Corporation.

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Timeline

The story of Walter Chrysler, told in moments.

1908 Life

Bought a Locomobile automobile for $5,000, three years' salary. Took it completely apart. Put it back together. Took it apart again. He did this over and over. He wanted to understand every bolt.

1912 Event

Hired by Buick as works manager. Within four years he was president of Buick and a vice president of General Motors. He tripled Buick's output. Then quit over disagreements with GM founder Billy Durant.

1925 Event

Founded the Chrysler Corporation from the remains of Maxwell Motor Company. Introduced the Chrysler Six, a car with a high-compression engine that outperformed competitors at half the price.

1928 Event

Bought Dodge Brothers and launched the Plymouth and DeSoto brands in the same year. Chrysler became the second-largest automaker in America, behind only GM. He'd gone from railroad mechanic to auto titan in 16 years.

1930 Event

The Chrysler Building opened in New York. At 1,046 feet, it was briefly the tallest building in the world. Walter paid for it himself. The stainless steel crown is still one of the most recognized silhouettes in Manhattan.

1940 Death

Died at his estate in Great Neck, Long Island, at 65. He'd retired five years earlier. The company he built lasted 73 years as an independent automaker before merging with Daimler-Benz in 1998.

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