GMAC Improves Capital, Raises $7.1 Billion
18 Mar 2010, 11:29 UTC · By: Daniel Patrascu / After a very troubling 2009, financial services company GMAC seems to be back on track, as it announced last week it has managed to raise an additional $1 billion by selling retail auto loans as sec...
GMAC Financial Services Presents Q4, 2009 Financial Results
5 Feb 2010, 13:49 UTC · By: Alex Vasile / GMAC has been losing money for some time now, so everybody expected disastrous results for the fourth quarter of 2009. The figures are now official: GMAC Financial Services announced a net loss of $...