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GM Financial’s originations declined in the first quarter as finance penetration dipped, while earnings before taxes were stable. Originations totaled $12.3 billion in Q1, down 15.8% year over year and 2.4% quarter over quarter, according to the captive’s April 28 earnings presentation. Loan and lease outstandings came in at $108.2 billion, down 0.9% YoY and 0.8% QoQ. GM Financial was the second-largest auto lender by […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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David Thompson
David Thompson
David Thompson
