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90% of dealers set up with GMAC

by David Zatz on

Chrysler Vice Chairman Jim Press wrote that 90% of Chrysler dealers are now “activated for retail business through GMAC Financial Services.” The Treasury announced a large loan to GMAC on May 21; GMAC is now Chrysler’s preferred North American lender for new and used cars. Cerberus owns part of the company as well as Chrysler Financial.

David Zatz founded Allpar in 1998 (based on a site he had begun in 1993-94), after years of writing reviews for retail trades. He has been quoted by the New York Times, the Daily Telegraph, the Detroit News, and USA Today. Before making Allpar a full-time career, he was a consultant in organizational psychology. You can reach him by using our contact form (much preferred) or by calling (313) 766-2304

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