GM Financial’s originations declined in the fourth quarter as finance penetration shrank and vehicle sales slowed. Loan and lease originations came in at $12.6 billion in Q4, down 18.7% year over year and 8.7% quarter over quarter, according to the captive’s earnings presentation today. Outstandings totaled $109.1 billion, down 1.3% YoY and 0.4% QoQ. GM Financial was the second-largest auto lender by outstandings […]
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