Charles Warren Nash


Charles Warren Nash
Charles W. Nash

Charles Warren Nash (January 28, 1864 — June 6, 1948) was a United States automobile entrepreneur and served as an executive in the automotive industry.

Contents

Early life

Nash was born to a farming family in Cortland, Illinois on what is now Route 38 — Lincoln Highway. His mother was Anna E. "Annie" Cadwell (b. 1829 NY - d. 1909 MI) who married David L. Nash. Other Nash siblings included Mazovia (b. 1862), George C. (b. 1866) and Laura W. (b. 1868). After Charles' parent's separation, at age 6, Charles worked as a farm-hand in Michigan as an indentured servant. He later became a shepherd to the owner of hay-bailing machinery. He then moved to Flint, Michigan where he was noticed by William C. Durant of The Flint Road Cart Company. Durant hired him in 1890, and Nash became a supervisor.

In 1897, Nash had a chance to drive an early automobile, and became very interested in the commercial potential of this newly developed contraption.

Automobile industry

Nash co-founded Buick Motor Company with David D. Buick and William C. Durant, and in 1908 became Buick's president and general manager.

In 1910, he was hired as general manager of General Motors (GM). He took over a debt-ridden company suffering losses and increased profits to US$800,000 as early as 1911 to over $12 million by 1914, as well as secured the firms financial footing.[1] However, his reluctance to pay dividends to shareholders resulted in Nash being voted out of his position in 1915.

Nash, who took control of General Motors in 1910 from William Durant, was now fired by him when Durant regained control in 1916.

Nash then resolved never again to work for someone else. He bought out the Jeffery Motor Company in August 1916. In 1917, re-named it as Nash Motors. The 1917 Nash Model 671 was the first vehicle produced to bear the name of the new company's founder.[2] The new company was successful, with sales totaling 31,008 trucks and cars by 1919.[1]

In addition to running Nash Motors, Charles Nash was also president of the luxury car company LaFayette Motors until that company was bought out by Nash Motors in 1924.

Retirement

Charles W. Nash retired in 1936. His successor at the company was George W. Mason, who was recommended by Walter Chrysler.

He lived in retirement for twelve years later and died at the age of 84 in Beverly Hills, California. His health failed at the death of his wife in 1947.[3] He died in 1948, and was interred in the Forest Lawn Memorial Park Cemetery in Glendale.

Legacy

Nash is best known for responding to public demand by building a smaller, more economical and affordable cars.[4] Nash Motors was very successful marketing cars to North America's middle class. He is also recognized for lean operations in business that included scheduling production and material orders closely, carrying a small inventory, and having flexibility in meeting the changing market needs during the economic turmoil of the 1920s and 1930s.[4] Nash, is also credited with developing the straight-line conveyor belt assembly system that he first introduced at the Durant-Dort Carriage Company factory.[5]

Charles W. Nash's achievements have been summarized in the word "success":[6]

A man who, in the short space of nine years, has built up a business on which there is not a dollar of bonded indebtedness, whose stocks have a market value approximating $137,000,000, whose profits have exceeded $56,000,000, and whose bank balance tops $30,000,000, surely must be regarded as a very practical authority on what makes for success.

References

  1. ^ a b "Overview: Charles Warren Nash". Motorbase. http://www.motorbase.com/manufacturer/by-id/1420049980. Retrieved 18 June 2010. 
  2. ^ Lewis, Albert L.; Musciano, Walter A. (1977). Automobiles of the World. Simon and Schuster. p. 280. ISBN 9780671224851. 
  3. ^ "C.W. Nash Near Death As His Wife Succumbs". The New York Times. 20 August 1947. p. 25. http://select.nytimes.com/gst/abstract.html?res=FA0E10FE3E5E17738DDDA90A94D0405B8788F1D3&scp=3&sq=%22Charles+W.+Nash%22&st=p. Retrieved 18 June 2010. "Charles W. Nash, one of the nation's pioneer auto makers, took a turn for the worse and was near death himself today after he was told that the wife he had married sixty-three years ago had died last night." 
  4. ^ a b "Charles W. Nash - 1975 Inductee". Automobile Hall of Fame. http://www.automotivehalloffame.org/honors/index.php?cmd=view&id=102&type=inductees. Retrieved 18 June 2010. 
  5. ^ Lewis, Albert L.; Musciano, Walter A. (1977). Automobiles of the World. Simon and Schuster. ISBN 9780671224851. 
  6. ^ Forbes, B.C.; Foster, O.D. (1926). Automotive Giants of America: Men Who Are Making Our Motor Industry. Forbes Publishing (Kessinger Publishing, 2003). p. 224. ISBN 9780766161771. http://www.pnwnash.org/nashbio.htm. Retrieved 18 June 2010. 

External links

Timeline

  • 1910 — Charles Nash takes control of General Motors from William Durant.
  • 1916 — William Durant re-gains control of General Motors and fires Charles Nash.
  • 1916 — Charles Nash buys the Thomas B. Jeffery Company.
  • 1917 — Thomas B. Jeffery Company is re-named Nash Motors.
Business positions
Preceded by
Thomas Neal
President General Motors
1912 – 1916
Succeeded by
William C. Durant
Preceded by
Thomas B. Jeffery Company
Chairman and CEO of Nash Motors
1916 – 1936
Succeeded by
George W. Mason

Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Charles W. Nash — Charles Warren Nash (* 28. Januar 1864 in Cortland, Illinois; USA; † 6. Juni 1948 in Beverly Hills, Kalifornien) war ein US amerikanischer Automobilunternehmer und Präsident von General Motors. Inhaltsverzeichnis 1 Die ersten Jahre 2 In der… …   Deutsch Wikipedia

  • Charles Nash — may refer to: Charles Warren Nash (1864–1948), United States automobile entrepreneur Charles E. Nash (1844–1913), U.S. Representative from Louisiana Charlie Nash (born 1951), Irish Olympic boxer This disambiguation page lists articles associated… …   Wikipedia

  • Charles Figley — is a university professor in the fields of psychology, family studies, social work, traumatology, and mental health. He is the Paul Henry Kurzweg, MD Distinguished Chair in Disaster Mental Health and Graduate School of Social Work Professor at… …   Wikipedia

  • Charles Aycock — Charles Brantley Aycock (* 1. November 1859 bei Fremont, North Carolina; † 4. April 1912 in Alabama) war ein US amerikanischer Politiker und 50. Gouverneur von North Carolina. Inhaltsverzeichnis 1 Frühe Jahre 2 Politischer Aufstieg …   Deutsch Wikipedia

  • Charles Woodson — at an Atlanta Hawks game in May 2008. No. 21     Green Bay Packers Cornerback …   Wikipedia

  • Charles Radbourn — Pitcher Born: December 11, 1854(1854 12 11) Rochester, New York Died: February 5, 1897 …   Wikipedia

  • Charles Perry (Texas politician) — Charles Lee Perry Born March 9, 1962 (1962 03 09) (age 49) Abilene, Taylor County Texas, USA Residence Lubbock, Lubbock County Texas Nationality …   Wikipedia

  • Charles Anderson (Texas politician) — Charles “Doc” Anderson (born June 29, 1945) is a veterinarian and a Texas state politician from Waco. He is a member of the Texas House of Representatives, where he represents Texas House District 56.[1][2] He was first elected in the 2004 Texas… …   Wikipedia

  • Charles F. Howard — Charlie Howard Member of the Texas House of Representatives from the 26th district In office 1995 present Preceded by Jim Tallas Personal details Born May 30, 1942 (1942 05 …   Wikipedia

  • Charles Woodson — Pour les articles homonymes, voir Woodson. Charles Woodson …   Wikipédia en Français


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.