GRAND BLANC, Michigan -- The financing arm of General Motors Corp. still wouldn't say on Saturday if it had met a midnight deadline to clear a final hurdle in its bid to become a bank holding company ...
DENVER -- GMAC Financial Services has applied to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the government's $700 billion bank rescue ...
NEW YORK — GMAC Financial Services reported a 2008 second quarter net loss of $2.5 billion, compared with net income of $293 million last year. This downswing was largely due to industry-wide ...
NEW YORK — GMAC Financial Services announced it partnered with Operation HOPE and the Greater Harlem Chamber of Commerce to offer the seminar "Take Your Life Back and Get Out of Debt," which was held ...
DETROIT (AP) — GMAC will no longer have exclusive rights to provide low-interest loans to people who buy General Motors Corp. vehicles, and it will stop financing leases under a complex deal to get ...
With the federal government almost certain to take control of GMAC Financial Services, analysts suggest that it could become a loan machine that gives General Motors and Chrysler a huge advantage over ...
NEW YORK – The Treasury Department is set to inject billions more dollars into GMAC Financial Services, according to media reports. The Wall Street Journal said the Treasury Department will lend GMAC ...
DETROIT, May 11 (Reuters) - General Motors Co [GM.UL] is considering options that would give it a captive auto financing arm and allow its dealers to offer more competitive loans and lease deals, two ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. The government on Wednesday provided a fresh $3.8 billion cash infusion to stabilize GMAC Financial Services as the financing ...
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