Under the Hood: Financiers seek creative partnerships to bolster volume
Auto financiers worldwide are extending their reach to boost volume, teaming up with companies to expand credit access for consumers ...
Tag: General Motors Co.
GM Financial lease return rates, lease originations rise YoY
Improved penetration rates contributed to an uptick in GM Financial’s lease originations in the fourth quarter as loan production was ...
Truist names chief legal officer and other staff moves …
Stengel takes over as chief legal officer at Truist Truist Financial is bringing in Scott Stengel from Ally Financial to ...
Incentives lean heavily on leasing
Vehicle incentives favor leasing and shorter-term loans as inventory rebuilds and automakers tap into pent-up demand. Cash deals on leases ...
Mary Barra’s $280B goal confronts a litany of GM hurdles
Mary Barra’s ambitious plan to double General Motors Co.’s revenue to $280 billion by the end of the decade has ...
GM reaches tentative deal with UAW to end six-week strike
General Motors Co. reached a tentative agreement with the United Auto Workers, according to people familiar with the matter, bringing ...
GM Financial lease originations rise 23% YoY
GM Financial’s lease originations grew year over year in the third quarter as retail sales improved. Lease originations totaled $4.3 ...
GM prepares $6 billion credit line to cushion strike costs
General Motors Co. is setting up a $6 billion line of credit to shore up liquidity, a move indicating the ...
