GMAC mulling pullback from leasing in U.S.-dealer


DETROIT, July 29 (Reuters) - GMAC is considering ending subsidized leases on General Motors Corp cars and trucks in the U.S. market, a step similar to the pullback the finance company has announced for Canada, according to an executive with a U.S. dealership briefed on the plan. GMAC is controlled by Cerberus Capital Management , which owns 51 percent of its stock. The remainder is held by GM. Analysts and auto dealers have said actions to tighten terms on lease financing by GMAC, ...

Premium Content (PAID Subscription Required)

"GMAC mulling pullback from leasing in U.S.-dealer" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

more data and Insights

Nov 30, 2015

2016 Wards 10 Best Engines Test Drive: Ram 1500 EcoDiesel

The Ram 1500 and its 3.0L EcoDiesel V-6, evaluated by editor Bob Gritzinger, is one of 31 contenders for the 2016 Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×