On December 19, 2008, AmeriCredit Financial Services, Inc. and AFS SenSub Corp. (together, "AmeriCredit"), subsidiaries of AmeriCredit Corp., executed a letter agreement with Deutsche Bank AG, Cayman Islands Branch ("Deutsche Bank"), an affiliate of Deutsche Bank AG, whereby the parties mutually agreed to terminate the Forward Purchase Commitment Agreement, effective December 19, 2008.

The description of the letter agreement with Deutsche Bank is a summary and does not purport to be complete, and is qualified in its entirety by reference to the copy of the letter agreement attached as Exhibit 10.1 to this Form 8-K, which is incorporated herein by reference.

Deutsche Bank's affiliates have provided administrative services and extended credit to AmeriCredit in connection with warehouse credit facilities, have provided and may provide underwriting services to AmeriCredit in connection with securitization transactions and have also provided investment banking services, for which AmeriCredit has paid and may pay customary fees and expenses.

(d) Exhibits

10.1   Letter Agreement dated December 19, 2008, between AmeriCredit Financial
       Services, Inc., AFS SenSub Corp. and Deutsche Bank AG, Cayman Islands
       Branch