Tag Archives: GMAC

Marchionne looking into future of Chrysler/GMAC relationship

Chrysler and Fiat SpA CEO Sergio Marchionne said that the Auburn Hills automaker will need “the me, the space” to find a financing alternative should rival General Motors decide to buy back part of its former financing arm GMAC. As a part of his plan to rescue GM and Chrysler from bankruptcy last year, President […]

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GMAC: 93% of Chrysler dealers have financing agreements

Chrysler dealers seem by and large to be in pretty good financial shape, as GMAC financial has approved 93% of Chrysler Group dealers who have applied for wholesale credit lines. GMAC has taken over as the captive finance arm for Chrysler by order of the government, and Chrysler dealers seem pleased to date with the […]

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GMAC to get an additional $3.8 billion in government aid

In a move announced today, the administration has said that they will provide an additional $3.8 billion in government aid to GMAC Financial Services, raising its stake in the company from 35% to 56%. GMAC has thus far been the recipient of $12.5 billion in government aid sonic December ’08. The funds are said to […]

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U.S. Treasury talking to GMAC about additional cash infusion

According to an Obama administration official, the U.S. Treasury Department is in talks with GMAC Financial Services Inc. about another possible cash infusion to the company. GMAC, which is the traditional lender to General Motors Company dealers and customers, is also looking to taking over the auto loan business of Chrysler Group LLC. “GMAC is […]

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Miscellaneous Thoughts: 41 million Americans can’t pass driving test, Fed to invest $7.5B in GMAC, Leno drives the Aptera 2e

First of all, we’d like to apologize for the delay in posts today. We were all out in upstate New York test-driving the 2010 Hyundai Genesis Coupe (a review will be up by the end of the week). Nonetheless, we are updating you guys on everything as fast as we can.  Either way, it’s time […]

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Miscellaneous Thoughts: GM also canceling Cobalt SS, state trooper takes seized Charger SRT8 home, GM narrows bids for Saab

It’s that time of the day where we gather up some random news we’ve been reading here behind the scenes at egmCarTech. GM cancels Cobalt SS: Earlier this morning we learned that GM has canned the 2010 Chevrolet Impala SS. We now have word that the Cobalt SS is also gone. Again, we’re not too sad […]

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Miscellaneous Thoughts: LeBron rejects his MVP gift from Kia, Sergio thinks Fiat/Opel partnership will bring cost savings

Have you ever rejected a gift or just handed it to charity? Of course, the more valuable an item the less likely you are to give it away. Many of us would love to get a free car; however, many of us aren’t as wealthy as this NBA season’s MVP player, LeBron James. LeBron James […]

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Want to buy a Chrysler? GMAC will provide financing service for Chrysler dealers

Yesterday, President Barack Obama said that new car shoppers shouldn’t be afraid to buy Chrysler vehicles since the U.S. government will back their warranties. But where do you go if you want to lease or finance a new Chrysler? According to Chrysler’s co-President Jim Press, thousands of Chrysler dealers who have no financing plans will […]

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GMAC doubles its CEO’s compensation to $11.62 million in 2008

Warning: This may anger some of you that don’t support the automotive industry bailout. According to Reuters, auto financier GMAC awarded its CEO Alvaro de Molina $11.62 million of compensation in 2008. GMAC received $6 billion in federal bailout in December. The $11.62 compensation doubles de Molina’s compensation in 2007. He received a $1.2 million salary, […]

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GM kicks off 0 percent loans and cash incentives

Just a couple hours after the U.S. Treasury department announced that it will purchase a $5 billion stake in GMAC LLC, General Motors has announced new incentives. GM announced today that it is offering 0 percent financing on the discontinued Chevrolet TrailBlazer, GMC Envoy, Saab 9-7X, Saab 9-3 and the Saab 9-5. GM said that it […]

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1969 CHEVROLET CAMARO SS RS Z28 ORIGINAL 33K GM AC DELCO 120 MPH SPEEDOMETER picture
1969 CHEVROLET CAMARO SS RS Z28 ORIGINAL 33K GM AC DELCO 120 MPH SPEEDOMETER
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NOS OEM GM Ac Delco A375C Air Cleaner Assembly
Genuine GM AC Delco ECM Connector Body 88953346 Corvette Cadillac Buick Pontiac picture
Genuine GM AC Delco ECM Connector Body 88953346 Corvette Cadillac Buick Pontiac
Genuine GM AC Delco ECM Connector Body 88953274 16-7504 Corvette Cadillac... picture
Genuine GM AC Delco ECM Connector Body 88953274 16-7504 Corvette Cadillac...
OEM THROTTLE POSITION SENSOR GM AC DELCO MADE IN MEXICO 213-912 17123852 F40-2 picture
OEM THROTTLE POSITION SENSOR GM AC DELCO MADE IN MEXICO 213-912 17123852 F40-2