GM Buys Subprime Lender for $3.5 Billion

General Motors Co., the 60-percent government owned car giant, is acquiring AmeriCredit Corp. for around $3.5 billion.
GM Buys Subprime Lender for $3.5 Billion
General Motors Company this week announced a major recall of 1.5 million vehicles deemed to contain a fire hazard stemming from faulty windshield-washer components. Scott Olson/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/GM98307227.jpg" alt="General Motors Co., the 60-percent government owned car giant, is acquiring AmeriCredit Corp. for around $3.5 billion. (Scott Olson/Getty Images)" title="General Motors Co., the 60-percent government owned car giant, is acquiring AmeriCredit Corp. for around $3.5 billion. (Scott Olson/Getty Images)" width="320" class="size-medium wp-image-1817089"/></a>
General Motors Co., the 60-percent government owned car giant, is acquiring AmeriCredit Corp. for around $3.5 billion. (Scott Olson/Getty Images)
Antonio Perez
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