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Latest GMAC Stories

2010-03-29 13:00:00

DETROIT, March 29 /PRNewswire/ -- Walter Borst is named GM vice president and Promark Global Advisors chief executive officer Nancy Everett, Promark Global Advisors chief executive officer, announces intention to leave the company June 1, 2010; will assist with the transition Joining GM from Morgan Stanley, Daniel Ammann is appointed GM vice president finance and treasurer General Motors Vice Chairman and Chief Financial Officer Chris Liddell today announced a number of key finance...

2010-03-26 09:00:00

AUBURN HILLS, Mich., March 26 /PRNewswire/ -- In an effort to find a mutually beneficial resolution in situations that make sense for the customer, the dealer and the company, Chrysler Group LLC today announced it is offering Letters of Intent to 50 arbitrating dealers to join its dealer network as full-line representatives. These are dealers whose contracts were rejected as a part of OldCarCo's bankruptcy proceedings last year. The 50 dealers are in locations that offer customer service...

2010-03-22 16:03:00

BENSALEM, Pa., March 22 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. (Pink Sheets: OHBIQ) ("Orleans" or the "Company") announced today that its Board of Directors approved the retention of PMCM, LLC, an affiliate of Phoenix Management Services, Inc. ("Phoenix Management") on March 16, 2010, but retroactive to March 4, 2010, to act as the Company's restructuring financial advisor as the Company seeks a restructuring plan that focuses on maximizing enterprise value for all...

2010-03-15 07:06:00

DETROIT, March 15 /PRNewswire/ -- GMAC chosen as financial services provider to Saab Automobile Preferred source of wholesale and retail financing for dealers and customers Following its successful launch as an independent company, Saab Automobile announced today that it has selected GMAC Financial Services as the preferred provider of wholesale and retail financial services for qualified Saab dealers and customers in many different countries around the world. Jan Ake Jonsson, CEO of...

2010-03-10 03:00:00

MCLEAN, Virginia, March 10, 2010 /PRNewswire/ -- - Number of GMATs Taken by European Citizens Up 30 Percent Since 2005 European citizens are taking the Graduate Management Admission Test (GMAT) at a rapidly increasing pace - and they are directing a growing number of GMAT score reports at management education programs located in Europe - according to an analysis of GMAT testing trends released by the Graduate Management Admission Council (GMAC). The data reflect fast-rising...

2010-03-05 15:33:00

BENSALEM, Pa., March 5 /PRNewswire-FirstCall/ -- Orleans Homebuilders, Inc. (the "Company", or "Orleans") (Amex: OHB), which develops, builds and markets high-quality single-family homes and townhouses and whose operations in Pennsylvania and New Jersey date back more than 90 years, announced today that it has received Court approval on several key motions that will allow the continued operation of its homebuilding and management services operations. Importantly, the Court gave interim...

2010-03-02 08:31:00

WINSTON-SALEM, N.C., March 2 /PRNewswire/ -- GMAC Insurance Personal Lines announced today it has completed its transition to new ownership by American Capital Acquisition Corporation (ACAC). Under the deal, GMAC Insurance's U.S. consumer property and casualty insurance business, which includes automobile, commercial vehicle, motorcycle and RV insurance offerings, will continue normal daily operations as it identifies key development initiatives to advance its competitive position. GMAC...

2010-02-18 13:35:00

Marietta, Ga., Feb. 18 /PRNewswire/ -- Online tarp superstore, MyTarp.com, has further expanded its blue tarp selection with a variety of new product choices. MyTarp.com's blue tarp inventory includes both economical blue poly tarps, as well as sturdy blue vinyl tarps. With blue vinyl tarps available in 10 oz, 18 oz, and 22 oz options, MyTarp.com offers the widest selection of quality blue tarps online. The complete inventory is available at: http://www.mytarp.com/blue-tarps.aspx....

2010-02-13 16:00:00

ORLANDO, Fla., Feb. 13 /PRNewswire/ -- After a year that battered the auto industry--the lowest new vehicle sales rate since World War II, near-automaker liquidations and more than 2,000 dealership closures--it's time for the industry to come together, John McEleney told thousands of dealers today at the National Automobile Dealers Association (NADA) convention in Orlando, Fla. "Ultimately, dealers and manufacturers are in the business of selling cars," said McEleney, 2009 NADA chairman....

2010-02-10 15:30:00

DETROIT, Feb. 10 /PRNewswire/ -- GMAC Financial Services and DealerTrack (Nasdaq: TRAK) today announced that the automotive lender will be added to the DealerTrack credit application network of more than 17,000 dealers as a financing option for their customers. GMAC will use the strategic relationship to broaden its customer base. The agreement will provide GMAC with access to retail financing applications from essentially all U.S. and Canadian dealers across all manufacturers. The...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.