GMAC is officially opening up lending to buyers ... the Mendoza line that separates good borrowers from the subprime. The financing arm of General Motors, which is majority owned by Chrysler's ...
Toyota Financial Services recently leaped over GMAC Financial services to take the lead as the biggest U.S. auto lender in terms of loan and lease contract volume. The study by AutoCount (a unit ...
A word of advice for U.S. taxpayers looking to recover their $12.5 billion investment in GMAC Inc.: Don't hold your breath. For GMAC, the continuing torrent of red ink at its battered mortgage ...
A word of advice for U.S. taxpayers looking to recover their $12.5 billion investment in GMAC Inc.: Don't hold your breath. For GMAC, the continuing torrent of red ink at its battered mortgage ...