General Motors Acceptance Corp. has been the profit engine at the world's largest automaker for several years.
FORBES: Magazine Article
In 2006, GM sold 51% interest in General Motors Acceptance Corp. to Cerberus Capital Management, a private equity company.
FORBES: GM Wants To Make Sure Everyone Can Get A Car Loan
Both Ford Motor Credit and General Motors Acceptance Corp. leases were 12% of parent company sales last year, down from 19% in 2000.
Finnegan , head of financing arm General Motors Acceptance Corp.
FORBES: The Informer
The car maker has diversified into financial services, and is extending the reach of General Motors Acceptance Corp (GMAC), which has said it may enter the home loans market.
BBC: NEWS | Business | GM issues 2005 profits warning
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