Tag: GM Financial

IRVING, Texas — Nonprime auto lenders should offer more financing on used EVs, GM Financial President of North America Operations ...

Several captives issued auto asset-backed securitization deals in late May as 2026 ABS volume continued to outpace 2025.  Stellantis Financial Services issued a $750 ...

GM Financial’s originations declined in the first quarter as finance penetration dipped, while earnings before taxes were stable.   Originations ...

As electric vehicle residual values grow increasingly volatile, some lenders could scale back from including EVs in their auto asset-backed securitization deals in the coming year.   ...

Facing lawsuits from captives Ford Credit and Stellantis Financial Services and allegations of double-pledging, the owners of dealership group Sky ...

GM Financial’s originations declined in the fourth quarter as finance penetration shrank and vehicle sales slowed.  Loan and lease originations came in at $12.6 ...

The establishment of industrial banks by Ford Credit and GM Financial is expected to lead to lower funding costs, netting a credit positive for the captives.   The industrial loan ...

GM Financial and Ford Credit are one step closer to forming industrial banks following approval this week from the FDIC and Utah Department of Financial Institutions.   ...