GM Financial boosts originations, OEM talks autonomous in 2Q earnings | Auto Finance News | Auto Finance News

GM Financial boosts originations, OEM talks autonomous in 2Q earnings

  • Nicole Casperson
  • August 1, 2019
  • Earnings

General Motors Financial Co. bolstered origination volume 6.5%, maintaining the captive’s growth momentum.   The captive originated $13 billion of loans and leases in the quarter, up from $12.2 billion in the prior-year period. The growth comes on the heels of a 14.8% increase in originations in the first quarter. GMF’s loan portfolio totaled $42.6 billion, up […]

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