OREANDA-NEWS. General Motors Financial Company, Inc., (GM Financial) a wholly owned subsidiary of General Motors Co. (NYSE: GM), announced today that it has acquired the equity interests in the top-level holding companies that comprise substantially all of Ally Financial, Inc.'s automotive finance and financial services businesses in Latin America and Europe.

The purchase includes operations in Germany, United Kingdom, Italy, Sweden, Switzerland, Austria, Belgium, the Netherlands, Chile, Colombia and Mexico.