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GMAC gets shot in arm

China Daily | Updated: 2008-12-31 07:52

GMAC gets shot in arm

Workers leave the General Motors Powertrain Plant in Warren, Michigan. Bloomberg News

The US Treasury committed $6 billion to support GMAC LLC, the financing arm of General Motors Corp, widening the government's effort to keep the largest US automaker out of bankruptcy.

GMAC gets shot in arm

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