Ally Financial Statement on Saab Reorganization

               Ally Financial Statement on Saab Reorganization

  PR Newswire

  DETROIT, Sept. 7, 2011

DETROIT, Sept. 7, 2011 /PRNewswire/ -- Ally Financial Inc.'s Swedish
subsidiary, GMAC Financial Services AB, is a creditor of Saab Automobile AB
and as such is taking the appropriate steps to protect Ally's interests during
Saab's reorganization. 

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Ally has been diligently monitoring Saab's financial situation for several
months and does not expect any material financial impact as a result of the

Ally is the preferred finance provider for Saab vehicles in the U.S. and
Europe and offers wholesale financing, consumer financing, insurance products
and servicing to Saab dealers and consumers. 

Ally will continue to provide automotive financing products and services to
creditworthy Saab dealers and consumers during the reorganization process.

Contact: Gina Proia646-781-2692

SOURCE Ally Financial
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