Tag: GM Financial

Captives’ second-quarter earnings last week reflected portfolio growth despite affordability and incentive challenges.   Ford Credit and GM Financial’s outstandings increased ...

Increased lease production contributed to an uptick in GM Financial’s consumer portfolio in the second quarter as the captive’s floorplan ...

Lenders have started looking more at payment-to-income ratios when making credit decisions as affordability remains a challenge, especially in nonprime ...

Lenders have been quick to implement AI and machine learning models to grow their business — sometimes too quick. . ...

FORT WORTH, Texas — Leasing volume has steadily increased, which could lead to higher costs for lenders.  Leases can sometimes ...

Whether increasing deal efficiency or automating credit decisions and assessing risk, AI and machine learning are core to how auto ...

Several auto lenders had to adjust their underwriting strategies in 2023 to account for worsening credit performance across loans originated ...

GM Financial is looking to AI to streamline processes and boost customer experience, Chitra Herle, global chief information officer, said at Auto ...