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 an enormous picture of a new vehicle on its huge glass atrium. This is a rented structure of General Motors Corporation and today is called General Motors. General Motors of Canada built their first offices on Richmond street in Oshawa and had large General Motors of Canada signage from 1919. The McLaughlin plants were there and were resigned by the McLaughlin Family. GM's Canadian Regional Engineering Centre opened in June 2001. It is primarily responsible for managing the design and validation of vehicles which are manufactured in Canada, though it supports many joint development efforts with GM operations in other