DETROIT — Now an independent company, Saab Automobile announced Monday that it has selected GMAC Financial Services as its preferred provider of wholesale and retail financial services for its qualified Saab dealers and customers throughout the world.

The automaker's dealers already work with GMAC thanks to their prior relationship with General Motors. Saab was formerly a part of GM until it became independent.

Jan Ake Jonsson, Saab chief executive officer, said, "Today's announcement is excellent news for the Saab organization as a whole and also for Saab's customers. It not only makes available competitive financing, but also provides valuable continuity for the dealer network which already uses GMAC services."

Meanwhile, Bill Muir, GMAC president, added, "We are delighted to be able to build on our strong relationships with Saab dealers and customers, and we look forward to working with Saab at it begins a new chapter in its history."