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  • Bank Failures; Guideline Updates: GMAC, PMI, CitiMortgage, Caliper; Fraud in NorCal 16 Nov 2009 15:57 GMT
    ... year in a row, the most popular car color was silver. In fact, GM says ... or exceeded their goals, the exception being GMAC Financial Services , an auto lender still ... remaining buffer need by accessing the TARP Automotive Industry Financing Program. (General Motors lost $1.15 ...

  • GMAC replaces top executive 18 Nov 2009 04:32 GMT
    ... Shepardson / Detroit News Washington Bureau -- GMAC Financial Services on Monday replaced chief executive ... was critical to the revival of the automobile industry." His mandate, the new CEO said, ... David Cole, chairman of the Center for Automotive Research in Ann Arbor, said it made ...

  • Chrysler dealers scrambling to get financing to keep new cars on lots 21 Nov 2009 05:36 GMT
    ... the screws to us," Wolcott said about GMAC Inc., which replaced Chrysler Financial as the preferred ... his dealerships would become, in essence, used car dealers, said Wolcott, who has been a Chrysler ...

  • New boss for bailed-out GMAC 16 Nov 2009 22:13 GMT
    ... (Fortune) -- Troubled auto and mortgage lender GMAC shook up its executive suite on Monday, naming ... nine months of 2009, as demand for cars remains tepid and previous loans continue to ... is best known for providing financing to car dealers and consumers, but its problems extend ...

  • CNN - New Boss For Bailed-Out GMAC 16 Nov 2009 22:40 GMT
    ... (Fortune) -- Troubled auto and mortgage lender GMAC shook up its executive suite on Monday, naming ... nine months of 2009, as demand for cars remains tepid and previous loans continue to ... is best known for providing financing to car dealers and consumers, but its problems extend ...

  • New boss named for bailed-out GMAC 16 Nov 2009 22:48 GMT
    ... (Fortune) -- Troubled auto and mortgage lender GMAC shook up its executive suite on Monday, naming ... nine months of 2009, as demand for cars remains tepid and previous loans continue to ... is best known for providing financing to car dealers and consumers, but its problems extend ...

  • CNN - New Boss Named For Bailed-Out GMAC 16 Nov 2009 23:50 GMT
    ... (Fortune) -- Troubled auto and mortgage lender GMAC shook up its executive suite on Monday, naming ... nine months of 2009, as demand for cars remains tepid and previous loans continue to ... is best known for providing financing to car dealers and consumers, but its problems extend ...

  • GMAC CEO Alvaro de Molina steps down 17 Nov 2009 01:54 GMT
    ... GMAC CEO Alvaro de Molina steps down GMAC ... by the downturn in the mortgage and automotive industries. Earlier this month, it said it ...

  • GMAC CEO Alvaro de Molina out; replaced by board member Michael Carpenter 17 Nov 2009 02:17 GMT
    ... By Dan Strumpf, THE ASSOCIATED PRESS, cp.org, GMAC CEO steps down amid talks for more ... by the downturn in the mortgage and automotive industries. Earlier this month, it said it ...

  • GMAC CEO steps down amid talks for more gov't aid, Michael Carpenter is new CEO 17 Nov 2009 03:55 GMT
    ... By Dan Strumpf, THE ASSOCIATED PRESS, cp.org, GMAC CEO steps down amid talks for more ... by the downturn in the mortgage and automotive industries. Earlier this month, it said it ...

  • GMAC CEO de Molina steps down amid talks for more gov't aid, Michael Carpenter is new CEO 17 Nov 2009 19:12 GMT
    ... GMAC CEO de Molina steps down amid talks ... by the downturn in the mortgage and automotive industries. Earlier this month, it said it ...

  • Chrysler Group LLC Announces New 'Double CA$H For Your Old Car' Incentive Program 21 Nov 2009 07:11 GMT
    ... Announces New 'Double CA$H For Your Old Car' Incentive Program AUBURN HILLS, Mich., July 22 ... Consumers with an eligible trade-in under the CARS program can receive up to $9,000 towards ... 0 percent financing for 72 months through GMAC Financial Services on most 2009 model vehicles. These ...

  • GMAC Names Michael A. Carpenter Chief Executive Officer; Will Lead Next Phase Of Renewal 16 Nov 2009 21:50 GMT
    ... /PRNewswire/ -- The Board of Directors of GMAC Financial Services (GMAC) today named Michael A. ... services institution, GMAC's diversified business operations include automotive finance, mortgage operations, insurance, commercial finance and ...

  • GMAC Names Michael A. Carpenter Chief Executive Officer; Will Lead Next Phase Of Renewal 16 Nov 2009 22:53 GMT
    ... /PRNewswire/ -- The Board of Directors of GMAC Financial Services (GMAC) today named Michael A. ... services institution, GMAC's diversified business operations include automotive finance, mortgage operations, insurance, commercial finance and ...

  • GMAC chief ousted as bail-out talks go on 17 Nov 2009 00:31 GMT
    ... GMAC chief ousted as bail-out talks go on ... to the government-led restructuring of the US automotive industry. Mr De Molina came to GMAC ...


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