Tag: GM Financial

The coronavirus economy and weaker consumer demand have created substantial risk for used vehicles as large volumes of leased vehicles ...

GM Financial is gearing up for potential losses on off-lease residual values as the extent of the COVID-19 economic crisis’ ...

Auto loan extensions spiked in March in one of the first tangible effects the COVID-19 pandemic has had on the ...

In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...

General Motors has extended $3.6 billion under its three-year revolving credit line to April 2022, just one week after renewing ...

General Motors is shutting down its car-sharing service Maven just one month after suspending operations due to the impact of ...

General Motors has renewed its $1.95 billion, 364-day revolving credit facility for the “exclusive” use of its captive finance arm ...

General Motors Co. and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used-vehicle ...