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NEW YORK (AP) -- GMAC Financial Services, the main lender for General Motors Co. and Chrysler Group LLC, said Wednesday it lost $767 million in the third quarter, as its struggling home mortgage unit continued to weigh on its results....
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Speaking at a forum about the global auto industry, former auto czar Steven Rattner said publicly for the first time that a major aim of Chrysler’s restructuring plans was to replace the management team. Rattner believed that Chrysler’s survival would depend on replacing the existing t...
Fri, Nov 20 | from Leftlane