All articles by Verdict Staff
Verdict Staff
GMAC reports loss of $2.5bn in Q3
GMAC reports loss of $2.5bn in Q3 GMAC Financial Services is still in deep water, as its net losses reached $2.5bn (2bn) in Q3, raising doubts that units of the company can continue to survive without financial help from the US government. The finance arm of Detroit-based automaker General Motors said the huge loss for the third quarter, sharply increased from the net loss of $1.6bn in same period one year ago, were primarily attributable to adverse market conditions domestically and internationally within its mortgage and vehicle financing businesses.
Vauxhall wins 523-van lease contract
Vauxhall wins 523-van lease contract Vauxhall Commercial Vehicles has won a leasing contract for 523 Movano vans from Home Delivery Network Limited (HDNL).
State Securities faces up to post office closures
State Securities faces up to post office closures Following a tough first half to the year, State Securities (SS) has reacted to the worsening market conditions by pulling out of some asset sectors.
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Contract awards for European public sector deals
Download the data in Excel format: Contract awards for European public sector deals