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GM Financial EBT ticks up $100M YoY, originations grow sequentially

High used-vehicle prices offset a 39% YoY decline in the captive’s lease portfolio

Amanda Harris

GM Financial’s first quarter was marked by increased earnings before taxes (EBT) and sequential growth in originations as raised vehicle prices offset a decline in leasing. On the retail side, total Q1 loan originations ticked up 8% sequentially but decreased 1.2% year over year to $8.1 billion, leaving GM Financial’s outstanding portfolio at $59.5 billion, […]

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