Fitch Upgrades GM and GM Financial Issuer Default Ratings To BBB
Citing financial strength and EV plans.
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Here you will find news and information about General Motors’ captive finance arm, GM Financial.
Citing financial strength and EV plans.
Placing well below average.
Up from 2022, but not expected to reach pre-pandemic levels this year.
Well below the segment average.
Dropping three spots compared to 2022 rankings.
OnStar Insurance expected to be underwritten by GM Financial.
71 servicemembers may be eligible for compensation.
Poor showings in the Captive Mass Market segment and Lease segment.
The Cadillac Financial website has also gone live.
GM Financial is doing well at retaining existing customers.
More than 2,000 Massachusetts residents may be eligible for compensation.
GM Financial made a lot of money selling off-lease vehicles and repossessions.
Custom customer experience specific to the luxury brand.
Falling short in two segments.
Participating GM dealers will get priority.
Serving more than 400,000 customers in the country.
The chip shortage has affected new-vehicle availability.
The captive finance arm also paid $0.6 billion in dividends to GM during the quarter.
Ahead of Chrysler Capital, but behind Ford Credit.