Mortgage Unit Of Ally Financial Files For Bankruptcy

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.

WWJ Newsradio 950–05/14/2012

Chevy "Solar Canopy" (GM Photo)

GM Looks To The Sun, Invests In Solar Energy Company

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.

WWJ Newsradio 950–07/28/2011

Holiday Travelers Begin Thanksgiving Exodus

Michigan Drivers Finish In The Middle Of The Road

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.


Chrysler Picks Ally For Fiat Financing

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 […]


Online Auction Sales Reflect Demand For Used Vehicles

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 […]


RouteOne Offers Full Service Through Smartphones

The Farmington Hills-based auto financing aggregator RouteOne announced Thursday that its Web site,, is now compatible with iPhone, iPad, iPod touch, and Android mobile browsers. Virtually all RouteOne functionality can now be performed on […]