By Rick Rothacker Dec 19 (Reuters) - Ally Financial Inc, the U.S. auto lender 74-percent owned by the U.S. government, on Wednesday said it repaid its remaining debt issued under a financial-crisis-era program, the latest step in its effort to reimburse taxpayers. The former auto lending arm of General Motors Co said it paid back $4.5 billion in debt guaranteed by the Federal Deposit Insurance Corp's Temporary Liquidity Guarantee Program (TLGP). ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Ally pays off remaining debt issued under U.S. program" 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!
Current subscribers, please login or CLICK for support information.