Agent009 submitted on 12/30/2009 Auto Spies Photos Timestamp: 12:00:54 PM
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Washington -- The Treasury Department plans to announce early this afternoon that it will give GMAC Inc. around $3.5 billion in additional capital, sources said.Detroit-based GMAC and the Treasury Department have been in talks for months to finalize the amount of money the company would receive. The Treasury Department said earlier this year it would invest up to $5.6 billion more in GMAC -- on top of $13.4 billion GMAC has received over the last year.GMAC spokeswoman Gina Proia declined to say how much the company expected to get. 2010 San Diego Auto Show Photo Gallery2011 Toyota Sienna Photo Gallery2009 LA Auto Show Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on Facebook There are photos and then there are AutoSpies.com photos!AutoSpies.com is ranked number one on Google search for auto showsRead Article
Washington -- The Treasury Department plans to announce early this afternoon that it will give GMAC Inc. around $3.5 billion in additional capital, sources said.
Detroit-based GMAC and the Treasury Department have been in talks for months to finalize the amount of money the company would receive. The Treasury Department said earlier this year it would invest up to $5.6 billion more in GMAC -- on top of $13.4 billion GMAC has received over the last year.
GMAC spokeswoman Gina Proia declined to say how much the company expected to get. 2010 San Diego Auto Show Photo Gallery2011 Toyota Sienna Photo Gallery2009 LA Auto Show Photo GalleryAutoSpies.com Photo GalleriesIf you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com Share on Facebook There are photos and then there are AutoSpies.com photos!AutoSpies.com is ranked number one on Google search for auto shows
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"Normal is an illusion. What's normal for the spider is chaos for the fly."
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