General Motors (GM +0.8%) announces in a SEC filing (8-K) that Ally Financial plans to divest...

|About: General Motors Company (GM)|By:, SA News Editor

General Motors (GM +0.8%) announces in a SEC filing (8-K) that Ally Financial plans to divest international operations in Canada, Mexico, Europe, and Latin America. GM Financial will be competing against outside bidders for the assets and could incur "substantial" amounts of debt if successful.