Wednesday, February 6th, 2008
GMAC loses $724 million in fourth quarter
GMAC loses $724 million in fourth quarter queryvar=”gmac,loses,$724,million,in,fourth,quarter”; Automotive News | February 5, 2008 – 3:30 pm EST NEW YORK (Reuters) — Finance company GMAC posted a $724 million fourth-quarter loss and was downgraded by Moody’s Investors Service on Tuesday, after more customers fell behind on payments for their houses, cars and [...]