Here you will find news and information about General Motors’ captive finance arm, GM Financial.
Goldman Sachs beat out Barclays in a bidding war for the business.
Supplementing between $15 and $16 billion in cash that GM expects to have on hand at the end of March.
Dealers can defer payments for 90 days, if desired.
Under PSA, Opel made a $960 million operating profit.
Subprime borrowers and those under the age of 30 have the highest percentage of delinquencies.
Blockchains could revolutionize how we share data.
It’s unclear if the shuffling is permanent, or if GM Financial will become a long-term part of Barra’s oversight.
And it will have a “new energy focus”… whatever that may mean.
Celebrating five decades in the Colombian market.
A $375 million quarterly dividend is one of several expected to come.
Adjacent businesses entail OnStar, aftersales and GM Financial.
That’s $2 billion more than the company’s prior facility.
The automaker is downsizing its captive finance arm.
To reduce exposure to future losses on residual values.
Loan and lease originations grew 24 percent in the second quarter of 2017.
What would happen in case of another downturn?
The biggest opportunity is in the United States.
In partnership with St. George Bank.
The upgrade makes GM’s corporate credit ratings investment grade with all major rating agencies.
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