Quantcast

Latest General Motors Acceptance Corp. Stories

2009-05-16 09:02:57

Auto financing firm GMAC says it will rename itself Ally Bank, reflecting its re-launch as a bank holding company in the wake of auto industry woes. The new name marks the moving away from a GMAC brand that goes back to 1919 when it was established in Detroit as General Motors Acceptance Corp.

2006-04-03 08:11:37

By Mark McSherry NEW YORK (Reuters) - General Motors Corp. on Monday said it agreed to sell a 51 percent stake in its financing arm, General Motors Acceptance Corp., to a consortium led by hedge fund Cerberus Capital Management LP for a total of $14 billion.

2006-04-03 06:54:32

NEW YORK (Reuters) - General Motors Corp. on Monday said it had agreed to sell a 51 percent stake in its financing arm, General Motors Acceptance Corp., to a consortium led by hedge fund Cerberus Capital Management LP for $14 billion, payable over three years.

2006-04-03 07:16:12

NEW YORK (Reuters) - General Motors Corp. on Monday said it had agreed to sell a 51 percent stake in its financing arm, General Motors Acceptance Corp., to a consortium led by hedge fund Cerberus Capital Management LP for $14 billion, payable over three years.

2005-08-10 12:33:39

NEW YORK (Reuters) - General Motors Corp. and its General Motors Acceptance Corp. unit on Wednesday said they will resume vehicle leasing in New York, after a more than two-year absence, following a change in law that will reduce their liability for auto accidents. Ford Motor Co.

2005-08-10 10:20:41

NEW YORK (Reuters) - General Motors Corp. and its General Motors Acceptance Corp. financing arm on Wednesday said they will resume leasing vehicles in New York state, following changes in U.S. leasing liability laws.


Word of the Day
saggar
  • A ceramic container used inside a fuel-fired kiln to protect pots from the flame.
The word 'saggar' may come from 'safeguard'.
Related