Errett Lobban Cord

Errett Lobban Cord ( born July 20, 1894 in Warrensburg, Missouri, USA, † January 2, 1974 in Reno, Nevada) was a tycoon in U.S. transportation.

He started in Los Angeles as a car salesman and a gas station attendant. His business, he expanded by hot rods cars and sold on his own account. After further stops in Chicago, Illinois and Milwaukee, Wisconsin, he brought it to the top seller. In 1924 he was given the opportunity to redevelop the troubled company Auburn Automobile Company. In 1925 it belonged to him. In 1929 he founded the Cord Corporation, a holding company, which included next to Auburn and Duesenberg and Lycoming. At the end of the holding company controlled more than 150 companies, including the later American Airlines.

In 1937, he had to withdraw from this transaction to prevent a hostile takeover. He moved to the West Coast and built in California and Nevada a broadcasting empire. From the somewhat enigmatic self -made man was a respected politician.

Lovers of classic cars is Cord known by the then innovative cars Auburn 851 " Boattail " Speedster, Cord L -29 Cord 810.

• Business (automotive )
• Americans
• Born 1894
• Died in 1974
• Man