History of General Motors Departure (bearings); Delco Electronics and ACDelco (electrical and electronic components); GMAC (finance); General Aviation and North American Aviation (airplanes); GM Defense (military vehicles) and Electronic Data Systems (information technology). General Motors was capitalized by William C. Durant on September 16, 1908 as a holding company. The next day it purchased Buick Motor Company, and rapidly acquired more than twenty companies including Oldsmobile, Cadillac, Oakland, now known as Pontiac, and McLaughlin of Canada. Dr. Campbell, Durant's son-in-law, put 1,000,000 shares on the stock market in Chicago Buick (then controlled by Durant). Durant's earlier company, the Durant-Dort Carriage Company, had been in
General Motors Canada subsidiary that is wholly allied noted by The Canadian Motor, Tractor and Implement Journal 1919 by General Motors, so information such as assets, revenues, and profits are not disclosed. Nonetheless, GM Canada has historically been one of the largest and most powerful corporations in Canada, being listed as the third "largest" in 1975, and being comparable to several publicly traded companies such as BCE, George Weston Limited, and Royal Bank of Canada. General Motors of Canada opened its new head office building on the shore of Lake Ontario in 1989. It is a fixture on Highway 401 and usually displays