GM Financial originations climb, retail penetration falls
Originations increased 15.7% YoY in Q4, but dropped 3.3% YoY in 2022
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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