GRAND BLANC, Michigan -- The financing arm of General Motors Corp. still wouldn't say on Saturday if it had met a midnight deadline to clear a final hurdle in its bid to become a bank holding company ...

DENVER -- GMAC Financial Services has applied to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid under the government's $700 billion bank rescue ...

DETROIT — In a recent survey, GMAC discovered that the majority of consumers are well-informed about the vehicle-purchasing process; however, executives said shoppers could take more time to ...

With the federal government almost certain to take control of GMAC Financial Services, analysts suggest that it could become a loan machine that gives General Motors and Chrysler a huge advantage over ...

NEW YORK — GMAC Financial Services announced it partnered with Operation HOPE and the Greater Harlem Chamber of Commerce to offer the seminar "Take Your Life Back and Get Out of Debt," which was held ...

The financing arm of General Motors Corp. completed a complicated debt deal that fell short of the goal it set for the amount of fresh capital needed to help it ride out a historic collapse in auto ...

GMAC Financial Services, which provides both automotive and home loans, says it posted a wider second-quarter loss of $3.9 billion as it transformed from an arm of General Motors Co. into an ...

NEW YORK -- GMAC Financial Services, which provides both automotive and home loans, said Tuesday it posted a wider second-quarter loss of $3.9 billion as it transformed from an arm of General Motors ...

BOSTON (MarketWatch) -- GMAC Financial Services, the lending unit of General Motors Corp. , on Tuesday said it will restart auto financing for more U.S. customers because it has better access to ...

The banking unit of ailing auto financer GMAC is changing its name. Starting today, GMAC Bank becomes Ally Bank -- not to be confused with the over-the-counter weight loss drug, Alli (although after ...