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
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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
Read MoreGMAC 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
Read MoreU.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
Read MoreMiscellaneous 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
Read MoreMiscellaneous 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
Read MoreMiscellaneous 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
Read MoreWant 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
Read MoreGMAC 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
Read MoreGM 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,
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