Gmac Quotes

What incentive is there for GM dealers to use GMAC going forward if it is not really part of GM? - Mirko Mikelic

We feel growing skepticism about a GMAC sale has weighed on GM shares in recent weeks, and today's comments will likely only add to such pressure. - Robert Barry

We doubt a buyer gets in front of risk that a strike cripples GM North America. UAW negotiations tend to go down to the wire -- now March 31 -- so a GMAC sale is harder to envision before sometime in the second quarter. - Robert Barry

We continue to expect sentiment to worsen until GM/Delphi/UAW reach a three- way deal, which we believe would also greatly facilitate a GMAC sale. - Peter Nesvold

We continue to be disappointed by the limited cash savings targeted by current restructuring efforts. Our concerns go beyond the ongoing market share erosion, uncertainty over the GMAC sale, and uncertainty over (parts supplier) Delphi. - Rod Lache

We believe that such a transaction would strengthen the credit ratings for GMAC and therefore make a much better environment for running a financial-services organization. - Toni Simonetti

We are exploring how we would attain a separate rating for GMAC. We would probably look at and evaluate any and all options that would lead to that... Whether we would pursue those options, I don't know, but certainly we want to know what those options are. - Toni Simonetti

This winter GMAC rate incentive provides GM Certified customers with excellent value and affordable financing rates on some of our most popular vehicles. GM Certified Used Vehicles continues to lead the certified pre-owned category in delivering top-quality, low-mileage, fully inspected and reconditioned vehicles that help build consumer confidence in GM products. - Paul Pejza

This 'hand-in-glove' working relationship between GM Auto and GMAC provides ample benefits to our dealers and our stockholders, and is critical to our ability to compete in the marketplace. - Rick Wagoner

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. - Richard Wagoner