Topic: Gmac Llc
GMAC to temporarily waive some dealer charges and fees, set aside $5B for consumer loansGeneral Motors' financing arm said Wednesday it will temporarily waive some dealer fees and make $5 billion available for loans to an expanded pool of potential car buyers ...
GMAC to temporarily waive some dealer charges and fees, set aside $5B for consumer loansGMAC says it will temporarily eliminate and waive some fees and payments for dealers in an effort to ease the pressures stemming from the steep drop in demand ...
GMAC is more than willing to work with its borrowers so that they are better able to pay back their mortgages. The high default rate on mortgages currently has forced several financial institutions to go easy on the rules they set for ...
Chrysler's finance arm gets $1.5 billion gov't loan; announces zero percent offer for buyersThe Treasury Department said Friday it will provide a $1.5 billion loan to Chrysler LLC's financing arm, and the automaker announced it will immediately use the money to offer ...
I'm a little late to the GMAC bailout story, but after reading all the newspapers and blogs I usually read, there are still some things I don't understand. I'm particularly confused about the announcement that GMAC will start lending to anyone with ...
This past week the Treasury used $5 billion of funds from the Troubled Asset Relief Program (TARP) to purchase senior preferred equity in GMAC, the financing arm of General Motors (GM). GMAC reacted immediately to deploy the funds by lending to new ...
Shortly after the U.S. government lent the Big Three $17.4 billion, we learned Monday that an additional $6 billion of taxpayer money is headed to GMAC, the large General Motors (GM) finance arm. GMAC got into trouble in the first place by ...
Today's Ironic Headline of the day comes via the New York Times and their humorous and insightful take on GMAC. GMAC, whose automobile financing business has been in utterly dire straits as the credit crisis unfolded in the 2nd half of 2008 ...
GM launching campaign to tell buyers financing still available despite credit market troublesWith October auto sales expected to fall short of September's 15-year low, General Motors Corp. is launching a campaign this week to reach people who have stopped looking for cars ...
You know that you need automobile insurance, but what do you do when your teen has just started driving? How do you know if your car is protected from accidental damage? What if you want other insurance options from the company that ...
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