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US CREDIT-GMAC, FMCC may suffer on auto loan delinquencies ...
By Karen Brettell NEW YORK, Oct 19 (Reuters) - Rising delinquencies by borrowers of prime auto loans may cut into profits at GMAC LLC and Ford Motor Credit ...
www.reuters.com
GMAC will slash 930 jobs
Feb 21, 2008 ... GMAC made $1.5 billion on auto loans last year, but turmoil in the ... of car buyers unable to make timely payments on their auto loans. ...
www.detroitnews.com
GM: No spike in car loan defaults - Autos- msnbc.com
Jan 14, 2008 ... GMAC's auto loan delinquencies rose from 2.4 percent in the third quarter of ... GMAC has more than $100 billion in its auto loan portfolio ...
www.msnbc.msn.com
GM’s Not Worried About GMAC | The Truth About Cars
Also, the S&P downgrade makes it harder for GMAC to “sell on” its car loans to the financial markets. Meanwhile, those loans are showing signs of increasing ...
www.thetruthaboutcars.com
GMAC Canada auto loan program AutoNews24h.com
TORONTO (CP) _ Car loan company VFC Inc. (TSX: VFC), which endorsed a $326-million takeover bid by TD Bank last week, has signed up General Motors ...
www.autonews24h.com
Fitch Affirms GMAC Auto Loan, Lease & Dealer Floorplan ...
Fitch Affirms GMAC Auto Loan, Lease & Dealer Floorplan Transactions from Business Wire in Business provided free by Find Articles.
findarticles.com
WhitePrivilege.com » Blog Archive » Car-Loan Rates Marked Up More ...
Cohen said discrimination in the GMAC loans was across the board, regardless of the profession of a buyer or model of car purchased. ...
whiteprivilege.com
GM selling some car loans to bank - International Herald Tribune
Jul 28, 2005 ... But GMAC, as the financing division is known, does have more palatable options available, like selling off large numbers of car loans in a ...
www.iht.com
USATODAY.com - GMAC to sell up to $55B in car loans to Bank of America
General Motors's GMAC financial services unit said Tuesday it will sell up to $55 billion worth of auto loans to Bank of America over the next five years in ...
content.usatoday.com
GMAC restructuring will shed 930 jobs from financing branch - Autoblog
there will be some fallout in the auto loan department in relation to the mortgage meltdown, but not much. car payments are generally much cheaper than ...
www.autoblog.com
Amid Mortgage Mess, Auto Loans Also Lag - Yahoo! News
"I don't see people not able to get car loans if they want them. I think it's more a question of ... GMAC also has seen rising auto loan delinquencies. ...
news.yahoo.com
GMAC to Cut About 930 Auto Finance Jobs
However, GMAC noted a small uptick in auto loan delinquencies, mostly in its nonprime portfolio in areas hardest hit by falling home prices. ...
www.wtopnews.com
Marketplace: GMAC puts squeeze on offices
Most people who take out a GMAC car loan never interact with the auto-finance offices. The dealer does that for you. Now, more of that back office work will ...
marketplace.publicradio.org
Tampabay: GMAC sues Lyons, in prison, for car loan
When he made no payments, GMAC repossessed the four-door car and sent a letter to Lyons' St. Petersburg home demanding full payment. ...
www.sptimes.com
Bloomberg.com: Worldwide
GMAC Posts $724 Million Loss as Home Loans Sour (Update2) ... to $137 million because of reduced gains from the sale of contracts signed with car buyers. ...
www.bloomberg.com
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