November 2012
Intermediate to advanced
233 pages
9h 28m
English
Content preview from Automotive Management
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CFC - Quo vadis?
191
bank holding company, these shares have been reduced to 33% and 10% respectively and
yet, GMAC has been able to tap into the $700 billions US govern-ment TARP program
since then.
169
Furthermore, GMAC is now a bank holding company obliged to differentiate its prod-
uct portfolio and provides no longer financial offerings exclusively to General Motors.
automotive bank Finance Company Finance Company
Germany Overseas A Overseas Β
Bank branch Europe A
Bank branch Europe Β
Bank branch Europe C
Figure 112: Example of CFC-Bank holding
Source: Author's own proposal
A change of legal status might create new opportunities in the are ...
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