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  2. Ally Financial - Wikipedia

    en.wikipedia.org/wiki/Ally_Financial

    Ally Financial Inc. (previously known as GMAC) is a bank holding company organized in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

  3. John McNamara (fraudster) - Wikipedia

    en.wikipedia.org/wiki/John_McNamara_(fraudster)

    John McNamara (fraudster) John M. McNamara (born 1940) [1] [2] is an American convicted felon and former businessman. McNamara was convicted of a Ponzi scheme fraud through gaining loans to a value of $6 billion from General Motors financing arm GMAC, to develop a $400M car sales and property development business.

  4. GM Financial - Wikipedia

    en.wikipedia.org/wiki/GM_Financial

    General Motors Financial Company, Inc. is the financial services arm of General Motors. The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and ...

  5. GMAC dramatically cut back on leases in September - Autoblog

    www.autoblog.com/2008/10/06/gmac-dramatically...

    Leasing is down industry-wide by about 50% from 2007 levels, but General Motors' captive credit arm took an even bigger bite out of its vehicle leasing in September. GMAC leased only 2% of all GM ...

  6. 2024 GMC Sierra 1500 Rebates and Incentives - Autoblog

    www.autoblog.com/buy/2024-GMC-Sierra+1500/incentives

    View 2024 GMC Sierra 1500 lease offers, cash back rebates, special financing programs and other incentives available locally and nationwide. ... We Obsessively Cover The Auto Industry ©2024 Yahoo ...

  7. Toyota tops GMAC as the biggest U.S. auto lender - Autoblog

    www.autoblog.com/2008/08/25/toyota-tops-gmac-as...

    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 ...

  8. General Motors Chapter 11 reorganization - Wikipedia

    en.wikipedia.org/wiki/General_Motors_Chapter_11...

    The final direct cost to the Treasury of the GM bailout was $11 [94]-12 billion ($10.5 billion for General Motors and $1.5 billion for former GM financing GMAC, now known as Ally). [95] Local tax incentives amounted to $1.7 billion, most of them in Michigan.

  9. What's going on with GMAC's car loan standards? - AOL

    www.aol.com/news/2009-01-02-whats-going-on-with...

    Flush with capital from taxpayers, GMAC is lowering its underwriting standards. The credit crunch and a shortage of cash had pushed the company's minimum FICO score for car loans up to 700. Now ...

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