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GM Financial

GM Bids to Reacquire Parts of Ally

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.

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GM Financial Realizes Profit Increase, Ally Slowed by ResCap

GM Financial reports second-quarter profit gains, while Ally Financial’s profitable auto-lending segment is weighed down by the company’s mortgage business.

Quarterly Earnings Up for GM Financial

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.

GM Financial Exec Announces Retirement

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.

GM Financial Names ADESA San Diego 2011 Auction of the Year

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.

Lenders Talk Shop

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.

GM Financial Selects DataScan for Commercial Lending Business

GM Financial announced it has chosen DataScan Technologies LLC as its systems provider for the captive’s Commercial Lending Services business.

GM Financial Reports Strong 3Q Results

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.

Industry Summit: Finance Execs Discuss Market Trends

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.

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GM Financial to Offer Dealer Financing by April 2012

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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