Established in 1919, Ally Financial Inc., formally GMAC, is a global financial company that maintains operations in North America, South America, Europe and Asia. It specializes in the areas of automotive and commercial finance, insurance, real estate and online banking. The organization provides services to more than 10 million customers in the world. It operates Capmark Financial Group, which is a wholly owned subsidiary that offers a range of lending and mortgage banking and investment and fund management services. The company s subsidiaries include the General Motors Acceptance Corporation of Canada, Motors Insurance Corporation and Ally Bank. It serves various personal and commercial customers, dealers, brokers and agents.
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