GMAC Inc. · Detroit, MI United States
Company Description
Phone: 313-556-5000
Fax: 815-282-6156
Toll Free: 800-200-4622
Rankings
- #66 in FORTUNE 500
View GMAC Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window GMAC aims to be the MAC Daddy of global finance firms. With operations in about 30 countries, GMAC offers financing to General Motors (GM) and Chrysler dealerships and their customers. GMAC is also one of the largest mortgage issuers and servicers in the US through its Residential Capital (ResCap) subsidiary. GMAC Insurance offers vehicle service contracts and home and auto coverage. Its commercial finance arm offers financing to middle-market businesses, as well as factoring and accounts receivable financing. GMAC was founded in 1919. The company was not included in GM's 2009 Chapter 11 bankruptcy filing. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key GMAC Inc. Financials
| Company Type | Holding Company Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $35,445.0 |
| 2008 Employees | 22,700 |
GMAC Inc. Executives
45 executives listed for GMAC Inc.'s Detroit, MI location.
| Title | Name & Bio | Contact |
| Chairman | Franklin Hobbs | Network |
| CEO and Director, GMAC Financial Services | Alvaro de Molina | Network |
| President, GMAC Financial Services | William Muir | Network |
Competition
Competitive Landscape for GMAC Inc.
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top GMAC Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!