General Motors Acceptance Corporation

General Motors Corp. had its worst U.S. sales month since 1975 last month as reduced access to loans and a weaker economy kept consumers off dealer lots. GM said its sales of cars and light trucks tumbled 45 percent from a year earlier. Ford Motor Co....

In 1912, Cadillac won a manufacturing trophy for its use of interchangeable parts, somewhat symbolic of the moving parts at parent General Motors. Some highlights: 1897 — Ransom E. Olds rolls out his first car; it takes until 1901 to mass-produce...

When Martin Nesbitt showed up for his first day of work as an analyst at General Motors Acceptance Corp. in 1985, he was surprised to find himself temporarily sharing an office with the company's treasurer. "GMAC's offices were being remodeled," Nesbitt...

Aloha Airgroup Inc., the closely held Hawaiian airline company, has filed for Chapter 11 bankruptcy protection, saying competition from Mesa Air Group Inc. cut its sales. This is the second bankruptcy in three years for Aloha, the second-largest Hawaii-...

Thad Baltimore's role in a legal battle against one of the world's largest corporations began quietly enough in January of 1999 when he walked into a Toyota dealership not far from his home in the Bronx, hoping to buy a car. Settling on a new Camry,...

Most Long Island political entities have belched up political corruption at one time or another. Babylon and Islip had their land rezoning scandals. The Nassau County GOP extorted 1 percent of all municipal employees' salaries for years. Nassau District...

Tim Walters used to attend six used-car auctions a month to buy vehicles for his employer, the Fagan Chevrolet Cadillac dealership in Janesville, Wis. These days, Walters, the dealer's used-car sales manager, skips most of those events. He still is...