It really is.... Some of my favorite reading is automotive and other industrial history. One thing that fascinates me is the ties between the manufacturers...
Rabbit hole time. Not too deep tthough,
In graduate school (actually after I graduated and went into the car industry), I did a project with a former business school professor on the auto "
body builders" -- the
Briggs Corp,
Fisher Body, and the one ..
Murray (ever hear of them ? .. once the THIRD largest body builder in USA after Fisher & Briggs) .. that ultimately became Household Finance, now still a big part of global financial services behemoth HSBC.
SO, why the body builder segment of the value stream. Car bodies used to be made by companies OTHER than the OEM branded car maker. Why did GM acquire Fisher Brothers body business, or Chrysler buy Briggs? What made them (carmakers) vertically integrate into bodies? Why didn't OEM carmakers they go into/stay in tire-making, or glass, or steel?
Anyway, it was a wonky, nerdy, academic, economic story, but hell it could have been a good Hollywood Movie (ala Tucker) by the time we finished researching the executive teams.
to your direct point, you
follow the people -- Henry Ford, Henry Leland, Billy Durant (an early industry VC, formed General Motors, and almost added Ford to the GM constellation), Joseph Hudson (the department store guy, started a car company, whose other company is now Target Dept. Store), Clessie Cummins, Charles Nash, Ransom E. Olds, Walter P. Chrysler (who at one time was at GM as President of Buick), Charles Kettering (was an engineer at National Cash Register, when he and some of his buds founded Dayton [Ohio] Electronics Company (Delco Electronics) and went into the new auto industry), Rudolf Diesel, Carl Bosch, Albert Champion (of spark plug fame), Enzo Ferrari, Louis Chevrolet, David Buick, Edward Murphy (formed Oakland Motors, which later became Pontiac), Preston Tucker, William Carter (of carburetor fame), Roy Chapin, Henry Studebaker, the Firestone grandson-that married-Henry Ford's granddaughter, the Dodge Brothers...
ON and ON, you can see how tangled it all got. Business and families and other strange bedfellows.
Even in the modern era - Bob Eaton from GM to Chrysler, Lee Iaccoca from Ford to Chrysler, Bob Lutz worked at all the big three, etc. there were executive intermixing.
THEN, add othe people you never heard of, plus add the bankers, and lawyers, and accountants, architects (Albert Kahn) -- one would be astounded by the TRUE stories of the auto-related guys/ gals, families, and industries.
One aside. The auto pioneers, their investors, people who owned real estate, etc. MANY got OBSCENELY RICH. It was a gold rush.
Putting everybody in America (née the WHOLE World) on wheels was a once-in-a lifetime event for some of these folks. I mean SO RICH they were figuratively using hundred dollar bills for TOILET PAPER.
Sadly, many had their lives and fortunes smashed to bits, cuz they were stupid, unlucky, or both. IT wasnt champaign and caviar for everybody.