NEW YORK — The U.S. government could eventually own a majority stake in GMAC Financial Services following its latest $7.5 billion aid package to the ailing auto financing company. To keep loans ...
CHARLOTTE, N.C. -- The banking arm of ailing auto finance company GMAC is taking on a new name, hoping to smooth its image and entice new customers as it works to drive deposit growth. As of today, ...
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DETROIT — GMAC Financial Services reported that the U.S. Bankruptcy Court has approved a motion presented by General Motors, which allows GMAC to continue to conduct its direct operations with ...
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