The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Financial Services > Consumer Loans > General Motors Acceptance Corporation

General Motors Acceptance Corporation
 NEWS FROM THE STANDARD
GM to Add Stock Trading to OnStar Service
Feb 15 2001 12:40 PM PST

Sports Site Ignite Scores $17 Million
Jan 17 2001 01:15 PM PST

Murdoch Set for $40bn TV Deal
Jan 16 2001 12:00 AM PST

Mercata Will Soon Take Its Final Bid
Jan 04 2001 06:43 PM PST

AOL-Time Warner Approval Seen
Dec 14 2000 03:53 AM PST

 PROFILE
General Motors Acceptance Corporation (GMAC) accepts its fate -- as one of the world's largest finance companies. The General Motors subsidiary offers financing to auto dealers, GM-affiliated or not, but doesn't stop there. It also offers SmartLeases (dealers originate leases and sell them to GMAC) and lease options marketed to customers. Subsidiary GMAC Insurance Holdings offers automobile insurance. GMAC Mortgage Group originates single-family and commercial real estate loans and invests in mortgage-backed securities; it also packages nonconforming single-family home loans for sale to investors. GMAC also owns ditech.com, an online mortgage lender. The company has more than 700 offices in some 40 countries.

 COMPETITION
AmeriCredit Corp. (ACF)
Ford Motor Credit Company (dossier)
General Electric Capital Corporation (dossier)

 DEALS
Deal: GM, iCan Team On Auto Channel for the Disabled
Date Announced: 11.13.00
Value of transaction (US $Mil): 0
Description: Auto maker and and business and services portal for the disabled to jointly develop auto channel.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 23,661.10
1-Yr. Sales Growth: 17.0%
Employees: 28,569
Revenue per employee: $828,208.90

 KEY PEOPLE
• John D. Finnegan
    CEO
• William F. Muir
    CFO

 CONTACT INFO
200 Renaissance Ctr.
Detroit, MI 48265
US
Phone: 313-556-5000
Fax: 313-556-5108
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001