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1956-57 CORVETTE Page 2 |
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In the Depression year of 1933, after dropping out of the General
Motors Institute for financial reasons, Cole was offered a job at
Cadillac as a lab assistant. Sixteen years later, he emerged as that
division's chief engineer. There he headed the team that engineered
Cadillac's revolutionary, lightweight, overhead-valve V-8 for 1949.
Cole moved to Chevrolet in 1952, again as chief engineer. There he
immediately boosted Chevy's technical staff from 850 to 2900 people,
all needed to develop the 1955 V-8 and the all-new 1955 passenger
cars and trucks. In 1953, Chevrolet decided to produce the Corvette,
so Cole hired Zora Arkus-Duntov that spring to help vault Chevrolet
past Ford in the performance arena. Ed Cole went on to become
Chevrolet's general manager in 1956, then GM's president in 1967. He
retired in 1974 and was killed in 1977 when his twin-engined Badger
aircraft crashed in a snowstorm near Kalamazoo, Michigan.
It was during the Cole years that the Corvette arrived, survived, and
eventually flourished. GM and Chevrolet were doing extremely well
financially in the mid-Fifties, and that success played a major role in
Corvette's survival. Also, Chevy's rivalry with Ford grew intense when
Cole decided to pull away from Ford not only in sales, but also in raw
performance. Until 1955, the average man in the street -- even if
performance didn't mean that much to him -- viewed Ford as the hot
rod and Chevy as the bank teller's car. That stereotypical image had
for decades rested on Ford's lively flathead V-8 versus the competent
but stodgy Stovebolt Six.
Then suddenly in 1954-55, American automotive technology changed.
Ford launched its "Y-Block" pushrod overhead-valve V-8 in 1954,
which was followed by Chevy's small-block V-8 the next year. It was
a classic battle of the giants: Dearborn versus Detroit, complete with a
raging horsepower race, stock-car competition drawing record crowds,
and polarized loyalties. Here were the two traditional U.S. auto giants
trying desperately to outdo and outsell each other.