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 Firebird immobile, trapped in an insufferable freeway traffic jam. In a flashforward to the future, they are cruising at high speed in air conditioned comfort along an automated freeway (with no other vehicles to be seen) in their turbine-powered Firebird. The movie's concept (now more than fifty years old) was that this future was not unreasonably remote, and General Motors would provide it—and yet it is consistent with current projections (2008) for future automotive travel using electronic vehicle control and improved highway infrastructure. General Motors Firebird The General Motors Firebird comprises a quartet of prototype cars that General Motors engineered for