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GM Financial loan originations up 12% amid strong sales, penetration

Loan and lease outstandings increased 4% YoY

Amanda Harris

Higher retail sales along with an increase in average loan amounts financed and a stronger share of U.S. loan financing boosted GM Financial’s originations in the first quarter as leasing improved on a linked-quarter basis.  Loan originations tallied $9.1 billion, an increase of 9.6% sequentially and 12.4% year over year, according to GM Financial’s earnings […]

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