General Motors (GM) has admitted the sale of its finance subsidiary GMAC, may be in trouble after it restated four years of financial results yesterday.
General Motors has sold its finance arm, GMAC Commercial Holding Corporation for $8.8bn.
A fundamental shift has occurred in the first time buyer (FTB) market, if research from GMAC RFC is to be believed.
Seven out of ten couples now make joint decisions about their financial affairs, suggests a survey by GMAC RFC.