Corvette’s Founding Fathers: Pt 2 Ed Cole, the Corvette’s Godfather
Illustrated Corvette Series No. 250
The Corvette is arguably the greatest enigma in Detroit history. Every car line has to carry its own sales weight. In 1957, 6,339 Corvettes were sold. That same year, Ford sold 21,380 Thunderbirds. Corvette sales didn’t surpass that figure until 1963 when 21,513 Corvettes sold. How did the Corvette survive?
It was the wild west days when William Durant founded General Motors on September 16, 1908. By 1910, Durant had lost control of General Motors to a bankers trust. In 1912, Durant started Chevrolet, secretly bought back controlling shares of General Motors and reorganized in 1916 as General Motors Corporation, only to lose control again in 1918.
Successful industrialist Alfred P. Sloan became vice president of GM in 1918, then president 1923, and brought order and structure to the chaotic company. Sloan created autonomous operating divisions, centralized policies, planning, annual model changes, platform engineering and emphasized styling. Sloan hired Harley Earl specifically to style GM cars. Eventually, GM owned 43 percent of all car sales. By 1955, GM sold over 5 million vehicles and was the first corporation to post a $1 billion profit.
Ed Cole was born on September 17, 1909, and grew up on his family’s dairy farm. As a kid, Cole designed, built and sold radio sets and when he was old enough, the natural mechanic started working at an auto parts supply store and building hot rods. For a time, Ed thought he wanted to be a lawyer, but that “car thing” got in the way.

In 1926, GM bought the Flint Institute of Technology and renamed it General Motors Institute, focusing on creating industry and business leaders through a co-op program, teaching all aspects of automobile manufacturing. Cole enrolled in 1930 and was so bright that by 1933, without finishing his GMI education, he was hired by Cadillac’s engineering department. During World War II, Cole became the chief design engineer on GM’s light tanks and combat vehicles program. In 1946, Cole was promoted to chief engineer at Cadillac and was the lead engineer on the groundbreaking 1949 Cadillac 331 OHV high-compression, high-revving engine. Ed Cole was the “go-to” guy in GM engineering, with great things ahead of him.
There was a tremendous economic boom after WW II thanks to pent up consumer demand after the long depression and war, but by the early 1950s a slowdown was in the making. A month after the Corvette made its debut at the New York Motorama; Harlow H. Curtice became the President of GM and understood that to make money, you have to spend money. In February 1954, Curtice announced a $1 billion plant and facilities expansion plan. Ford announced their own $1 billion capital expenditure and Chrysler committed $500 million for expansion. Curtice doubled down with another billion and a third triage of a billion in 1956. Time magazine voted Curtice Man of the Year for 1956. Curtice said, “General Motors must always lead.” GM was the largest corporation in the world and Ed Cole’s star was rising.
With the success of the Cadillac 331 engine, Cole was in a prime position. In 1952, Chevrolet general manager Tom Keating promoted Cole to Chevrolet’s chief engineer. Cole’s major assignment was the replacement for the 23-year-old Chevy six-cylinder (Stovebolt). A V-8 project was in the works, but Cole hated it and started from scratch, instructing his team that the engine should be compact, lightweight and powerful. By the fall of 1954, the new 265 V-8 was ready for 1955 Chevrolet cars, including the Corvette. No one dreamed the basic design would still be produced over 60 years later. The next step in Cole’s career was Chevrolet General Manager in 1956.
