WRAPUP 1-GM, GMAC ease lending rules to entice car buyers

Newswire

By Jonathan Stempel and Kevin Krolicki NEW YORK/DETROIT, Dec 30 (Reuters) - General Motors Corp and its GMAC funding affiliate launched programs on Tuesday to lure U.S. car and truck buyers back into showrooms as the largest U.S. automaker tries to revive its sagging fortunes. GM began offering zero-percent financing on some models, and GMAC resumed lending to a wider range of potential customers, after the government said it will inject billions of dollars to help ensure that both ...

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