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GM gearing up to exit Ally Financial

GM prepares to exit Ally as the US Treasury prepares to exit GM

General Motors is reportedly considering selling its stake in Ally Financial Inc, known previosuly as General Motors Acceptance Corporation (GMAC), when it was GM's captive financing arm. The OEM's stake in Ally is currently held indirectly, in an independent trust.

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https://www.automotiveworld.com/articles/gm-gearing-exit-ally-financial/

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