23 Mar 2011, 08:37 UTC · By: Daniel Patrascu / The efforts made by American automotive giant GM to get to a point when it can continue operating with low or no debt are intensifying in the US, after the car maker announced today the beginning of...
5 Feb 2011, 19:23 UTC · By: Andrei Tutu / Ally Financial has managed to claim the No. One spot in the top of companies financing consumer new vehicle acquisitions in the US in 2010, as revealed by the recently-released AutoCount data by Exp...
12 May 2010, 09:26 UTC · By: Daniel Patrascu / Ally Financial, formerly GMAC, announced today the appointment of Barbara Yastine to the position of chief administrative officer. Yastine will assume the position from Samuel Ramsey, chief risk off...
4 May 2010, 09:22 UTC · By: Daniel Patrascu / It's been two years or so since GMAC's financial statement didn't show any profit. Now it does, but it is too late for GMAC. The financial institution posted net income of $162 millio...