It still owes the government just under $12 billion from a $17.2 billion dollar loan it got during the financial meltdown of 2008 and ’09.
A deal between GM and a solar power company will likely mean solar power stations at Chevy dealerships, and a doubling of the amount of solar energy used at GM plants.
The 2011 GMAC Insurance National Drivers Test ranks America’s driving IQ in all 50 states. The results: One in five drivers who took the test got a failing score and would not meet the basic requirements to get a driver’s license.
Ally Financial will be Chrysler’s lender of choice when it begins selling Fiat vehicles in the U.S. later this year. Chrysler will begin naming its Fiat dealers in October and hopes eventually to launch 165 […]
Troy-based SmartAuction, the online auto auction for auto dealers run by Ally Financial (formerly GMAC) reports a shortage of high-quality used vehicles and increasing demand for its services. SmartAuction Wednesday reported a nearly 14 percent […]
The Farmington Hills-based auto financing aggregator RouteOne announced Thursday that its Web site, http://www.routeone.net, is now compatible with iPhone, iPad, iPod touch, and Android mobile browsers. Virtually all RouteOne functionality can now be performed on […]