GMAC records $162M profit, renames itself Ally Financial - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 4 Old 05-03-2010, 11:10 AM Thread Starter
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GMAC records $162M profit, renames itself Ally Financial

GMAC Inc. reported net income of $162 million in the first three months of the year today -- its first profitable quarter since 2008.

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post #2 of 4 Old 05-03-2010, 11:13 AM
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Thats positive news

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post #3 of 4 Old 05-03-2010, 11:50 AM
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now they just need to lower their interest rates... every GM my family and i have financed, GMAC had the highest interest by at least 2% above everyone else.

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post #4 of 4 Old 05-03-2010, 11:54 AM
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agreed... hard to use GMAC when Penn Fed has 3.9%

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