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GMAC gives up some GM car financing in bailout
DETROIT - GMAC will no longer have exclusive rights to provide low-interest loans to people who buy General Motors Corp. vehicles, and it will stop financing leases under a complex deal to get federal aid for the troubled lender.

GMAC gives up some GM car financing in bailout
GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part of the complex deal that gave the troubled lender billions in federal aid.

GMAC gives up some GM car financing in bailout
(By TOM KRISHER and BREE FOWLER, AP Auto Writers) GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part of the complex deal that gave the troubled lender billions in federal aid. The move could reduce the Detroit automaker's dependance on GMAC to provide financing and possibly boost its ...

GMAC gives up some GM car financing in bailout
DETROIT -- GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part of the complex deal that gave the troubled lender billions in federal aid.

GMAC gives up some GM car financing in bailout
GMAC will no longer have exclusive rights to provide low-interest loans to people who buy General Motors Corp. vehicles, and it will stop financing leases under a complex deal to get federal aid for the troubled lender.

U.S. aid deal lets GM skip GMAC to give car loans
Automaker can set up lending from other companies, while its financing arm gets $5 billion from federal government to avoid bankruptcy GMAC no longer will have exclusive rights to provide low-interest loans to people who buy General Motors vehicles, and it will stop financing leases under a complex deal to get federal aid for the troubled lender.

GMAC gives up some GM car financing rights
GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives.