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.
DETROIT, Dec. 29 (UPI) -- A failure at U.S. lender GMAC could undermine the survival of auto giant General Motors Corp., an industry analyst says.
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, 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 23 (UPI) -- A U.S. investor group paid almost $9 billion for control of GMAC Commercial Holding Corp., General Motors Corp.'s financing arm.
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.
MOBILE, Ala., Dec. 2 (UPI) -- Louisville has accepted a bid to play Marshall in the GMAC Bowl at Mobile, Al., setting up a meeting of two of the nation's top quarterbacks in Dave Ragone and
