Ally Won’t be Hurt by Loss of GM Business, Analyst Says
Ally Financial Inc. should continue to be profitable in 2015, despite the news that GM Financial will soon be the ...
Tag: GM Financial
GM Financial Buys Ally’s Stake in Chinese Joint Venture
General Motors Financial Co. and GMAC UK Plc have completed the purchase of Ally Financial Inc.’s 40% equity interest in SAIC-GMAC ...
More Lenders Reportedly Investigated for Discriminatory Practices
Regulatory scrutiny of the auto lending space continued at a feverish pace this week. The New York Department of Financial ...
GMF: Leasing Hit Historic Levels in 2014, Aims to Grow Further in 2015
General Motors Financial Co.’s lease originations hit a record high in the September quarter, according to Executive Vice President and ...
Year-to-Date Auto ABS Issuance Tops 2013 Total, S&P Says
With six weeks left of the year, auto securitization volume has already surpassed last year’s total volume, according to a new ...
Uber Reportedly Pushing Drivers Into Subprime Auto Loans
Uber, the privately owned car-booking service, has been pitching a new loan program to borrowers with poor credit, according to a ...
AmeriCredit Bringing $1 Billion in Subprime Loans to Market
GM Financial subprime unit AmeriCredit Corp. is bringing a $1-billion package of asset-backed securities to market in deal that’s set ...
GMF Originations Climb Despite Lower 3Q Earnings
Consumer loan originations climbed 64% at General Motors Financial Co. in the third quarter, and lease originations shot up 134% ...
