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 122 engine General Motors 122 engine The 122 engine was designed by Chevrolet and was used in wide-array of General Motors vehicles. The "122" was similar to the first two generations of the General Motors 60° V6 engine; sharing cylinder bore diameters and some parts . The "122" was available in the US beginning in 1982 for the GM J platform compact cars and S-series trucks. For the J cars it evolved through 2002 when it was replaced by GMs Ecotec line of DOHC 4-cylinder engines. In the S-10 related models it evolved through 2003 when it was known as the Vortec