|
NTC
Homepage > Working Together
> Union-Company Awareness
> Walter Chrysler
Engineering
the Future
Walter P. Chrysler formed an innovative
company
By Karen
English
From Tomorrow Annual Meeting Issue
A lifelong
pioneer, Walter Chrysler grew up surrounded by the limitless
horizon of the Kansas frontier. But as an adult, he surveyed
the very different horizon of a rapidly changing auto industry,
trailblazing innovations that built a corporate giant.
Chrysler's
lifetime, 1875 to 1940, spanned a period of enormous change.
Born in a modest house in Wamego, Kan., he remembered scrambling
down cellar stairs to hide when local settlers heard rumors
of a possible Indian attack.
Later,
as railroads crisscrossed the prairie, young Chrysler got
on board.
Like his
father, an engineer with the Kansas Pacific Railroad, Chrysler
was fascinated with machines. At 17, he became a machinist's
apprentice, learning all he could about engines. With a talent
for management as well as mechanics, he rapidly worked his
way up in the railroad industry. At 33, Chrysler was the youngest
superintendent in the history of the Chicago Great Western
Railroad, overseeing 10,000 workers.
But after
he attended a 1908 auto show, the locomotive lost its lure.
The auto captured Chrysler's attention, and he tapped his
life savings to purchase a shiny white "Locomobile" -- just
so he could see how it worked. Two years later, he joined
Buick as works manager. When he left General Motors in 1919,
Chrysler was executive vice president and a 45-year-old millionaire.
Chrysler's
next challenge enlisted his talent for resuscitating troubled
businesses. Earning his nickname, the "company doctor," Chrysler
rescued Willys-Overland from near bankruptcy, then performed
more corporate CPR at the Maxwell-Chalmers companies, which
were rapidly going broke in the wake of severe quality problems.
Maxwell
recovered, and Chrysler brought in an engineering team to
design a new vehicle. The groundbreaking "Chrysler Six" was
unveiled in 1924. The next year Chrysler bought Maxwell-Chalmers,
and it became Chrysler Corp.
 |
Chrysler
at the wheel in a Plymouth plant in 1934.
|
By the
end of the decade, stylish Chrysler cars had a reputation
for speed and innovative design. And Walter Chrysler continued
to build his empire, acquiring first Plymouth, then Dodge
and Desoto. In 1929 he even tried real estate, building what
was briefly the world's tallest structure -- Manhattan's gleaming
Chrysler Building.
Chrysler
and his namesake corporation continued to deliver design innovations
despite the Great Depression. The sleek 1934 Airflow, while
not a financial success, seemed a harbinger of the future.
The next year, Walter Chrysler retired, leaving a company
flexible enough to steer a steady course through a changing
marketplace.
When he
died in 1940, Walter Chrysler's place in automotive history
was assured. From a prairie boyhood, he had grown up to contribute
innovations that put Americans on the road in safety and in
style.
|