UPDATE 1-GMAC to finance Chrysler sales, get gov't support

Newswire

(Recasts first paragraph; adds analyst comment, updates bond market moves) NEW YORK, April 30 (Reuters) - GMAC Financial Services has reached an agreement to provide auto financing for Chrysler's dealers and customers and in turn will receive capital from the government, GMAC said in a statement on Thursday. The financing deal was reached as Chrysler filed for bankruptcy and announced a deal with Fiat after talks to restructure its debt broke down. For details click on [ID:nLU940906]. ...

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