DETROIT, Jan. 2 (UPI) -- U.S. automaker General Motors Corp. said it would offer zero percent financing for several models through Jan. 5 after adjusting an agreement with GMAC.
WASHINGTON, Dec. 30 (UPI) -- GMAC said the U.S. Treasury's purchase of $5 billion of its preferred stock would allow it to immediately expand its loan offerings to consumers.
WASHINGTON, Dec. 25 (UPI) -- The U.S. Federal Reserve has given permission for automotive financial firm GMAC to become a bank, which will allow it to apply for federal bailout funding.
NEW YORK, Nov. 20 (UPI) -- GMAC Financial Services said Thursday it had applied to the U.S. Federal Reserve for bank holding company status, a step toward securing federal aid.
DETROIT, Nov. 5 (UPI) -- Losses in the U.S. housing market may bleed directly over to tighter restrictions for auto loans at GMAC, a J.P. Morgan analyst said.
WINSTON-SALEM, N.C., Oct. 21 (UPI) -- A GMAC Insurance survey indicates 30 percent of drivers know the correct stopping distance of 20 feet from a bus.
DETROIT, Oct. 11 (UPI) -- Cerberus Capital Management LP is talking to General Motors Corp. about the possibility of acquiring the Detroit automaker's lending division.
DETROIT, Nov. 21 (UPI) -- GMAC Financial Services Corp. is exploring selling parts of its embattled Residential Capital Corp. mortgage arm, the U.S. financing company said Wednesday.
DETROIT, March 13 (UPI) -- General Motors Corp. will pay $1 billion to cover bad mortgage loans its former finance arm made to high-risk U.S. borrowers, GMAC said Tuesday. The cash settlement, cited in General Motors Acceptance Corp.'s fourth-quarter financial report, is not expect
DETROIT, April 3 (UPI) -- General Motors Corp. said Monday it was selling control of its auto financing unit for $14 billion.
DETROIT, March 17 (UPI) -- General Motors Corp. said Friday its actual losses last year were $2 billion higher than previously reported.
DETROIT, Aug. 3 (UPI) -- General Motors Corp. has agreed to sell 60 percent of its stake in the commercial mortgage division of its General Motors Acceptance Corp. unit.
DETROIT, Jan. 30 (UPI) -- General Motors Acceptance Corp. has tentatively agreed to settle a lawsuit alleging it charged African-American car buyers more for loans.
WASHINGTON, Oct. 1 (UPI) -- A new report accuses the General Motors Acceptance Corp. of discrimination against African Americans by charging them higher interest rates on loans.
