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Gmac Auto Financing Headlines

Ally Financial Leads U.S. Industry in Consumer and Dealer Auto Financing

DETROIT, Feb. 3, 2012 /PRNewswire/ -- Ally Financial ranked number one in financing consumer auto sales in the U.S., according to AutoCount by Experian Automotive.  Ally accounted for more than one in ...

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SsangYong Motor UK Selects GMAC UK as Preferred Finance Provider

LUTON, England, Feb. 1, 2012 /PRNewswire/ -- SsangYong Motor UK Ltd has selected GMAC UK plc, a subsidiary of Ally Financial Inc., to be its preferred financing provider for SsangYong vehicles in the UK.  ...

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Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: Cars

Three years ago, credit was so tight that the owner of a legal firm with a $400,000 salary and a very good credit score of more than 700 couldn’t get financed to buy the car he wanted from Michael Mosser’s dealership.

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Lender Ally Financial posts $250M 4Q loss

Ally Financial Inc. a $250 million fourth-quarter loss Thursday, pulled down by a $270 million charge stemming from expected regulatory and other government penalties related to past deceptive foreclosure practices.

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Ally Financial Named Preferred Finance Source for The Vehicle Production Group

DETROIT, Jan. 23, 2012 /PRNewswire/ -- The Vehicle Production Group LLC (VPG) selected Ally Financial as the preferred financing provider for VPG vehicles in the U.S.  Ally Financial will offer wholesale ...

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Ally Financial Survey Finds Dealers Bullish on 2012 Vehicle Sales

DETROIT, Feb. 6, 2012 /PRNewswire/ -- Nearly half of dealers surveyed by Ally Financial at the 2012 National Automobile Dealers Association (NADA) Convention expect their sales to increase by 10-20 percent ...

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Guest Post: Illusion Of Recovery - Feelings Versus Facts

Submitted by Jim Quinn of The Burning Platform Illusion Of Recovery - Feelings Versus Facts “There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as the final and total catastrophe of the currency involved.” – Ludwig von ...

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