GMAC Financial Services, the former financing arm of General Motors Co., is making a new push to recapture its share in the auto financing business by offering incentives to its most loyal dealers.
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The Treasury Department is preparing to announce as early as today that it will invest an additional $7.5 billion in GMAC LLC in a deal that could allow the U.S. government to hold a majority stake in the Detroit-based auto finance company.
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Auto lending giant GMAC took steps Wednesday to shore up struggling auto dealers and moved to boost auto sales by reducing financing charges and extending loans to subprime buyers with lower credit scores.

GMAC said it is earmarking $5 billion in the next two months as part of its effort to lure more consumers into the crippled car market. It also will take immediate steps to help auto dealers.
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