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 Le Sabre General Motors Le Sabre The General Motors Le Sabre was a 1951 concept car. Possibly the most important show car of the 1950s, it introduced aircraft-inspired design elements such as the wrap-around windshield and tail fins, which became common on automotive designs during the second half of the decade. The Le Sabre was the brainchild of General Motors Art Department head Harley Earl. The design was Earl's attempt to incorporate the look of modern jet fighter aircraft into automotive design. As jets replaced prop-driven aircraft in the late 1940s, they symbolized the very latest in design and engineering, and Earl