Detroit-based General Motors Co. owned Ally Financial Inc.’s predecessor, GMAC, until 2006, when the automaker sold 51 percent of it to Cerberus Capital Management LP. Photographer: Jeff Kowalsky/Bloomberg
Detroit-based General Motors Co. owned Ally Financial Inc.’s predecessor, GMAC, until 2006, when the automaker sold 51 percent of it to Cerberus Capital Management LP. Photographer: Jeff Kowalsky/Bloomberg