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GM Financial made a bid for Ally’s operations in Canada, Mexico, Europe and Latin America, a move that could more than double the captive finance company’s consolidated assets.
Read More →GM Financial reports second-quarter profit gains, while Ally Financial’s profitable auto-lending segment is weighed down by the company’s mortgage business.
Read More →General Motors Financial Co. reported net income of $112 million for the quarter ending on March 31, compared to $77 million for the year-ago period.
Read More →Brian Mock, GM Financial's executive vice president of Consumer Services, will retire on April 15, according to the company's recent filing with the SEC.
Read More →GM Financial named ADESA San Diego (California) as its 2011 Auction of the Year as part of the company’s nationwide Auction of Excellence program.
Read More →At the magazine’s annual conference, finance executives reflected on the trends that defined 2011 and reaffirmed their commitment to the indirect lending channel in the year ahead.
Read More →GM Financial announced it has chosen DataScan Technologies LLC as its systems provider for the captive’s Commercial Lending Services business.
Read More →GM Financial reported today that it recorded a net income of $109 million for the third quarter and $282 million for the nine months ending Sept. 30, 2011.
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The auto finance marketplace is heating up, but executives from six top finance sources said there’s more at play than simply a race for market share.
Read More →GM Financial will become a player in the commercial lending segment by the end of the first quarter 2012, according to statements made yesterday by the company’s president and CEO, Dan Berce.
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