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 do Brasil General Motors do Brasil General Motors do Brasil is the largest subsidiary of the General Motors in South America and the second largest operation outside the United States. In 2005 it completed 80 years of operation in Brazil. The company was founded in 1925 and operated in rented houses, located in the historic district of Ipiranga in São Paulo. In the early days the company only assembled cars using parts imported from the United States. After five years, GMB officially opened in 1930 with its first factory in São Caetano do Sul – São Paulo. In 1958 a second factory