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General Motors Financial Company, Inc. is the financial services arm of General Motors. The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and ...
Ally Financial Inc. (previously known as GMAC) is a bank holding company organized in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
The UAW’s contracts with GM, Stellantis and Ford all end at 11:59 pm on September 14, and the union has said it will not extend the contracts and stay on the job if tentative labor ageeements ...
Goldman Sachs Group (NYSE: GS) is acquiring the credit card business of General Motors Co (NYSE: GM) for $2.5 billion, the Wall Street Journal reported Thursday.What Happened: The banking giant ...
GM's Winter said the Chevrolet Silverado EV work truck is a fleet purchase that still qualifies for the commercial tax credit. The retail version of the Silverado EV should be available later this ...
Gemco was a preferred employer in many of the locations in which it did business. Unlike many other "discount" chains such as Payless, Gemco employed union members of the UFCW (United Food and Commercial Workers). [citation needed] Gemco also offered a credit department to help increase sales.
The news is welcomed by UAW members. As the Free Press reported last month, some union members were growing impatient with holding off on retirement to find out when GM would open up the bonus ...