It is very important for us to have a partner who understands the business, and someone who understands GMAC's strategy and how it relates to GM's automobile business.
Quotes about gmacs (4 Quotes)
These potential actions are intended to restore GMAC's investment-grade credit rating and to renew its access to low-cost funding, ... In addition, these actions are designed to preserve and to grow the synergies between GM and GMAC, especially cost-effective auto financing, and sustaining GMAC's diversified earnings growth.
The sequential decline in GMAC's income reflects the increase in their borrowing costs following the credit downgrades.
There was some interest expressed on the part of multiple parties to invest in our commercial-mortgage business. We're in discussions with those parties, ... We are amenable to equity partners, but GMAC's intention is to maintain a significant equity interest in this business.