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auto loans financing News
U.S. Treasury's aid to GMAC pays off for area dealers - Atlantic City Press
Auto dealers have quickly benefited from $6 billion in government aid to GMAC, the financing arm of General Motors Corp. At the start of last week, the U.S. Treasury bought $5 billion in GMAC stock and loaned GM $1 billion to invest in GMAC Financial ...
Read more...GMAC to free up auto loans - Atlanta Journal Constitution
New York —- The struggling financing arm of General Motors Corp., rescued by $5 billion in federal aid, plans to use some of the money to make cars and trucks more affordable to a larger pool of customers. GMAC LLC on Tuesday promised to loosen its ...
Read more...GMAC plans to boost auto loans - Contra Costa Times
Salesman Scott Gust places a zero percent financing sticker onto a Chevrolet Trailblazer vehicle at an Ostron dealer Tuesday, Dec. 30, 2008, in Montebello, Calif. Detroit-based GM is offering zero-percent or low-interest financing on some slower ...
Read more...GMAC plans to ease criteria for auto loans - Berkshire Eagle
GMAC, the automobile financing company, said Tuesday morning that it would immediately resume financing to a wider range of car buyers, a day after the Treasury Department injected billions of dollars into the lender. GMAC said in a statement that it ...
Read more...Inforum 2009 NAIAS Auto Show Breakfast - MSN MoneyCentral
DETROIT , Jan. 7 /PRNewswire/ -- The economic impact of the recession, fluctuating gasoline prices, and changing consumer demand for more fuel efficient, environmentally-friendly vehicles will be the focus of a panel discussion among experts at the ...
Read more...Lending Hope to Car Buyers, Auto Industry - ABC News
The cars are there and now, so are the loans -- but consumers may not know it yet. That's where people like Jim Mays come in. Salesman Scott Gust places a zero percent financing sticker onto a Chevrolet Trailblazer vehicle at... Salesman Scott Gust ...
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