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NewsSeptember 29, 2009

GMAC Offers New Dealer Incentives

Starting Thursday, Oct. 1, GMAC Financial Services will begin rewarding loyal General Motors and Chrysler dealers with cash, remarketing services and other perks.

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NewsSeptember 29, 2009

Dealer Floorplan ABS Resilient Despite Recession and Automaker Bankruptcies

Auto dealer floorplan asset-backed securities (ABS) continue to perform and remain resilient despite the recession and the bankruptcies of two domestic automakers, said ratings firm DBRS.

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NewsSeptember 16, 2009

Chrysler Returns to Leasing, Offers Additional Financing Options

Chrysler Group LLC announced it will offer a leasing option for customers on all 2010 model year Chrysler, Jeep and Dodge vehicles through Chrysler’s preferred lender, GMAC Financial Services.

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NewsSeptember 1, 2009

Chrysler Offers Incentives on 2009 and 2010 Models; Reports Sales Increase for August

Chrysler Group LLC is offering incentives through Sept. 30 on select 2009 and 2010 model year vehicles. The manufacturer also reported a five percent increase in August sales.

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NewsJuly 22, 2009

Chrysler Incentives Coincide With Cash for Clunkers

Chrysler Group LLC introduced “Double CA$H for Your Old Car,” a new incentive program that offers consumers up to $4,500 cash or 0 percent financing for 72 months through GMAC Financial Services.

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NewsJuly 6, 2009

Chrysler Group Completes Board of Directors

Chrysler Group LLC announced Sunday the appointment of additional members to its board of directors, completing the nine-member board that will provide oversight to the Chrysler Group.

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NewsJune 30, 2009

GMAC ‘Working Aggressively’ to Support Chrysler Dealers

Responding to reports that it suspended wholesale financing for some of the roughly 2,400 surviving Chrysler dealers, GMAC Financial Services said on Friday that it is “working aggressively” to support the Chrysler dealer body at large.

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NewsJune 26, 2009

Vehicle Sales Expected to Reach 10 Million, Says Edmunds.com

This month's new-vehicle sales (including fleet sales) are expected to be 887,000 units, a 25.3 percent decrease from June 2008, but a 3.9 percent decrease from May 2009, according to Edmunds.com.

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NewsJune 11, 2009

Bankruptcy Court Allows Chrysler to Drop Dealers, Complete Fiat Deal

Chrysler LLC prevailed in a federal bankruptcy court decision last week, allowing the OEM to discontinue franchise agreements with 789 dealers across the U.S. and complete an alliance with Italian automaker Fiat SpA.

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NewsJune 3, 2009

Chrysler Launches June Incentives Through GMAC

Chrysler LLC launched last Tuesday incentives for buyers of new Dodge, Chrysler and Jeep vehicles through its new lender, GMAC Financial Services.

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