Dealers Still Waiting For Replacements, DeGiorgio Linked To Original Design...
Automotive News reports dealers are still waiting for the ignition switches meant to replace the out-of-spec switch at the center of the ongoing recall crisis at General Motors. The switch was to have...
View ArticleAlly IPO Brings New Subprime Lending Options To The Table
With Ally Financial’s IPO now making the rounds on the New York Stock Exchange, the former financing arm of General Motors has its eyes on taking more of the subprime market, a move benefiting dealers...
View ArticleGM Ignition Issues Pile Up From Within, Abroad
In today’s General Motors digest: An ignition-related issue is quietly fixed years before the February 2014 recall; a Chinese supplier is blamed for defective switches recalled in June; Ally prepares...
View ArticleUS Treasury Begins Second Divestiture Plan Of Ally Stock
Ally Financial, the lending artist formerly known as GMAC Financial, inches closer to freedom from government ownership as the United States Treasury begins a second trading plan to shed its shares....
View ArticleRenault-Nissan Alliance At Crossroads Over Voting Stakes, Power
The battle between Nissan and the French government over the former’s voting stake in the Renault-Nissan Alliance continues on. This month, after temporarily raising its stake to 19.7 percent, the...
View Article
More Pages to Explore .....