September 30 2010
General Motors Financial debuts October 1
After failed attempts by General Motors to buy back into their former financial arm GMAC, now Ally Bank, with the intent on gaining access to more sub-prime lending and leasing they turned their sights towards AmeriCredit. As of today, AmeriCredit’s stockholders approved the sale to General Motors for $3.5 billion in cash so as of [...] Read the rest of this entry »