New Iteration of Bailout Reportedly on Its Way
In what could be a major development for the future of the financial services sector, the incoming Obama administration is ...
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George Will on GMAC
George wrote a piece on GMAC for today's Washington Post entitled "End Run On the Treasury." He seems to be ...
EXCLUSIVE: GMAC Shuts Down Nuvell, National
As GMAC keeps to its prime-lending knitting, the latest casualties of its cost-cutting measures are Nuvell and National Auto Finance, ...
Expanded Government Program May Ease Lenders’ Funding Woes
The chokehold on auto lenders may be loosening, thanks to a decision announced two weeks ago by the U.S. Treasury ...
GM Wants To Get TARPed
Two of the most stalwart corporate names in America are considering joining forces, principally so they can participate in the ...
Risk Management Efforts Headline Auto Excellence Awards
LAS VEGAS — Renowned artist and architect Maya Lin once said: “To fly, we have to have resistance.” These days, ...
Auto Captives May Be Next for Cash Infusion
The Treasury Department has already thrown a lifejacket to the nation’s banks, offering to buy as much as $250 billion ...
Can Rate Cuts Cure Auto Finance Woes?
The Auto Finance Summit is still going on in Las Vegas, and already the core message of this year's gathering ...
