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Ally Financial Inc. (known as GMAC until 2010) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
Nuvell Financial Services was a subsidiary of GMAC (now Ally Financial) that originated subprime auto loans.In March 2009, the company was shut down by its parent. Nuvell was based in Little Rock, Arkansas, with other offices in Bedford, Texas, Jacksonville, Florida, Greeley, Colorado, and Anaheim, California.
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On June 2, a day after it filed for bankruptcy, I estimated that the new General Motors would have to reach a value 20 percent above its all time high in order to repay the $50 billion government ...
Wentzville Assembly is a General Motors automobile assembly facility in Wentzville, Missouri, opened in 1983. [1] Located at 1500 East Route A in Wentzville, the 3.7 million square foot plant sits on 569 acres approximately 40 miles west of St. Louis, just off of I-70.
Wilmington Assembly was a General Motors automobile factory in Wilmington, Delaware. [1] The 3,200,000-square-foot (300,000 m 2) factory opened in 1947, and produced cars for GM's Chevrolet, Pontiac, Saturn, Opel, Buick and Daewoo brands during its operation. GM closed the plant on July 28, 2009. [2]