AUTOS

Car Dealer Admits Stealing From GM: Long Island car dealer and real estate developer John McNamara admitted to stealing millions of dollars from General Motors and said he used some of the money to bribe local and state officials. McNamara, who pleaded guilty to one count of federal racketeering, faces up to 20 years in prison and $800 million in fines. He admitted that he received more than $6.25 billion in loans from General Motors Acceptance Corp. between 1985 and 1991 to finance vehicles that did not exist and kept more than $400 million for his own use. Law enforcers said numerous public officials could face federal corruption charges. McNamara, who remains free on bail, has agreed to testify as a government witness against the officials.