Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
October
16, 2009
(Date of
report; date of
earliest
event reported)
Commission file number:
1-3754
GMAC
INC.
(Exact
name of registrant as specified in its charter)
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Delaware
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38-0572512
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(State
or other jurisdiction of
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(I.R.S.
Employer
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incorporation
or organization)
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Identification
No.)
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200
Renaissance Center
P.O.
Box 200 Detroit, Michigan
48265-2000
(Address
of principal executive offices)
(Zip
Code)
(313) 556-5000
(Registrant's
telephone number, including area code)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions (see General Instruction
A.2. below):
[ ] Written communications pursuant to
Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
[ ] Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
7.01
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Regulation
FD Disclosure.
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On October 16, 2009, a subsidiary of GMAC Inc. (“GMAC”) reached an agreement
to sell GMAC’s U.S. consumer property and casualty
insurance business to American Capital Acquisition
Corporation. This agreement follows a comprehensive
strategic review of GMAC’s broader insurance business, which includes GMAC’s U.S. automobile,
commercial vehicle, motorcycle and recreational vehicle insurance
offerings. The
dealer-related insurance business, which includes extended service contracts and
insurance for auto dealer inventories, is not affected by this transaction and
remains a strategic component of GMAC’s insurance
platform. The
closing of the transaction is subject to regulatory approval and other customary
closing conditions.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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GMAC
Inc.
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(Registrant)
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Dated: October
19, 2009
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/S/ David J.
DeBrunner
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David
J. DeBrunner
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Vice
President, Chief Accounting Officer and
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Controller
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