-
Recent Posts
- BMW iX5 Hydrogen Fuel SUV Prototype Under Testing
- Porsche Sells Its Bets on Bugatti Rimac and Rimac Group
- Aston Martin and Brough Superior Debut AMB 002 Motorcycle
- Honda Racing – Kelvin Fu Replaces President David Salters
- Stellantis Opens All-Makes Bodyshop Repair Label
- IndyCar – McLaughlin Wins Laguna Seca. 2027 Preview?
- Chrysler Recalls 239,000 Ram Pickups for Camera Failures
- Ford Recalls 150,000 Mustangs for Sudden Drive Power Loss
- AAA – Labor Day Weekend Travelers Face Record Pump Prices
- Stellantis SUSTAINera Expands Remanufactured Parts Line
- Milestones – 2 million Visitors at the Mazda Museum
- First Look – Lexus NX Compact Crossover Hybrid SUV
- Annals of Marketing – Amazon Style Taking Over Car Buying?
- Honda and Alex Palou Win 2026 NTT IndyCar Series Titles
- Trump-Conomics = Everybody Loses a U.S.-Canada Trade War
Recent Comments
- AAA on AAA – August 20 Gasoline Prices Highest Ever!
- Nissan Motor on Nissan Posts ¥77.9B Profit in Q1 of Japanese Fiscal Year
- Jeff Badman on Ford Motor Recalls 850,000 Vehicles for Sudden Stalling
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
Archives
Meta
Tag Archives: ipo
U.S. Treasury to Sell $2.7 Billion of Ally Preferred Securities
As part of this corporate welfare program, Treasury invested a total of $17.2 billion in a failing Ally. This was the result of what critics called reckless lending practices in the home mortgage markets, which caused huge Ally losses when the housing bubble burst in 2009. Continue reading
Ally Financial Posts Net Income of $1.1 Billion in 2010
Ally Financial Inc. today reported net income of $79 million for the fourth quarter of 2010, compared to a net loss of $5.0 billion for the fourth quarter of 2009. For full-year 2010, Ally (formerly GMAC and now taxpayers own … Continue reading
