Ally Bank
GM, Chrysler Aim to Return to Captive Lending
By Chris Haak We reported several weeks ago that GM was interested in either buying a captive-finance arm or establishing a new one. You see, since GM sold a majority interest...
GM May Return to Captive Finance
By Chris Haak Back in 2006 when GM sold a 51 percent controlling stake in GMAC to a consortium led by Cerberus Capital Management, many saw it as a sign that the company was...