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Latest GMAC Stories

2010-07-13 09:00:00

DETROIT, July 13 /PRNewswire/ -- Ally Financial Inc. (Ally) today announced that it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico and begin using the Ally name. This follows the transition of the corporate entity to Ally Financial Inc. in May 2010. The rebranding of the auto finance operations in these markets will take effect during the month of August 2010. The Ally brand will be used for auto financing activities in the...

2010-07-08 09:09:00

AUBURN HILLS, Mich., July 8 /PRNewswire/ -- Pledge program builds on success of Minivan Pledge with additional benefits for consumers Program offers consumers the security of knowing they made the right vehicle choice July marks the start of Chrysler Group's National Tent Event with more than 2,000 Chrysler, Jeep®, Dodge and Ram Truck dealers participating Chrysler Group LLC today announced its new pledge program which allows consumers to return a new vehicle...

2010-07-07 09:13:00

LIVONIA, Mich., July 7 /PRNewswire/ -- Dan Gilbert, Founder and Chairman of Quicken Loans Inc., today announced a growing business in his family of companies, In-House Realty LLC, will move from its suburban Livonia office to Detroit. In-House Realty will occupy space in the Compuware Building beginning this August, along with Quicken Loans, the nation's largest online retail mortgage lender, and Fathead Inc., the leading brand in sports and entertainment graphic wall products, both of...

2010-06-28 13:01:00

NEW YORK, June 28 /PRNewswire/ -- Holley Performance Products Inc. announced that it has significantly improved its capital structure and liquidity through a successful voluntary bankruptcy reorganization that became effective on June 22, 2010. As a result of the reorganization, the Company reduced its debt by over $59 million and obtained new credit arrangements, including a revolving credit facility which provides the Company with substantial flexibility to pursue its growth...

2010-06-25 12:21:00

Brownback/Campbell Language Adopted Over Stiff Opposition WASHINGTON, June 25 /PRNewswire-USNewswire/ -- House and Senate conference committee negotiators voted in the early Friday morning hours to exclude Main Street auto dealers from sweeping legislation to overhaul the nation's financial system. The long-fought victory for auto dealers and consumers preserves dealer-assisted financing as an affordable option for car buyers. "Today's vote by the conference committee is truly a win for...

2010-06-23 08:00:00

WOODCLIFF LAKE, N.J., June 23 /PRNewswire/ -- BMW Group Financial Services has announced an agreement with Troy, Michigan-based Open Dealer Exchange, LLC, enabling the captive finance arm of BMW Group to provide contract data integration services, including paperless eContracting and contract data validation, directly through Open Dealer Exchange to BMW retailers in North America. The fully functional solution for electronic contract validation is an industry-first, as it provides one...

2010-06-17 09:10:00

MARIETTA, Ga., June 17 /PRNewswire/ -- My Tarp, the leading online retailer of truck tarps, covers, screens and shades, has announced that they are offering special bulk pricing on their quality products. Customers in need of large volumes of tarps or covers will find highly competitive pricing for the many great products carried by My Tarp. The manufacturer of pre-made and custom tarps is equipped to meet the volume needs of customers, while maintaining the quality of the products that...

2010-06-08 16:12:00

LAFAYETTE, La., June 8 /PRNewswire-FirstCall/ -- In response to recent inquiries from media and investors, IBERIABANK Corporation (Nasdaq: IBKC), holding company of the 123-year-old IBERIABANK (www.iberiabank.com) and IBERIABANK fsb (www.IBERIABANKfsb.com), commented on its potential exposure to the Deepwater Horizon oil spill in the Gulf of Mexico. Overall, the Company believes it has a very small exposure to industries that have been and continue to be impacted by this unfortunate...

2010-06-01 05:10:00

LONDON, June 1, 2010 /PRNewswire/ -- The job market for new business school graduates remains difficult, but there are clear signs that employers are becoming increasingly confident about the economy - and more eager to hire - according to newly released data from the Graduate Management Admission Council (GMAC). The percentage of employers in European Union planning to hire newly minted MBAs is up this year compared with 2009, although the number of new hires per company is expected...

2010-05-27 07:30:00

WINSTON-SALEM, N.C., May 27 /PRNewswire/ -- The 2010 GMAC Insurance National Drivers Test released today found that nearly 1 in 5 licensed drivers - roughly 38 million Americans - would not pass a written drivers test exam if taken today. Kansas drivers ranked first in the nation (82.3 percent average score); New York drivers ranked last (70 percent average score). Full results can be found at www.gmacinsurance.com. To view the multimedia assets associated with this release, please...


Word of the Day
virgule
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.
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