The son of a locomotive driver for the Union Pacific Railroad, Walter Percy Chrysler founded the Chrysler Corporation. As general manager of Buick (and by 1916, president), Chrysler introduced mass production to General Motors, increasing production from 45 to 550 cars per day. A managment dispute with GM founder Billy Durant led to Chrylser leaving the company to turn around the struggling Willys-Overland Automobile Company of Toledo, Ohio. Following that, he moved to the Maxwell Motor Company, which he eventually bought, financing it with the GM stock he had received as payment a few years earlier. The first car to bear the Chrysler name appeared in 1924. degbus-della v. forker descendants.ged degbus-della v. forker descendants.ged