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GM Financial originations climb, retail penetration falls
Originations increased 15.7% YoY in Q4, but dropped 3.3% YoY in 2022
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GM Financial bolstered its origination volume in the fourth quarter of 2022 despite retail penetration falling due to increased competition in the market. Originations in Q4 climbed 15.7% year over year to $11.8 billion, according to the captive’s earning’s supplement. Retail originations increased 10.7% YoY and lease originations soared 25% YoY. Still, full-year origination volume […]
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