Ally Financial Inc Near $4 Billion Unit Sale, GM In Lead – Sources

Ally Financial Inc is nearing a deal to sell its auto financing operations in Europe and Latin America for around $4 billion, with General Motors Co emerging as the lead bidder if the company decides to sell those operations as a whole, two sources familiar with the situation said.

Exclusive: Ally near $4 billion unit sale, GM seen in lead : The Fiscal Times