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General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
On the March 30, 2009, deadline President Barack Obama declined to provide financial aid to General Motors, and requested that General Motors produce credible plans, saying that the company's proposals had avoided tough decisions, and that Chapter 11 bankruptcy appeared the most promising way to reduce its debts, by allowing the courts to ...
Dealer financing is an option automobile dealerships offer to customers purchasing a vehicle. It is a significant source of profit for dealerships, with estimates suggesting that 78 percent of all cars are financed through this method. However, dealer financing may not always be the most advantageous option for buyers.
Ann Arbor, MI. Nationality. American. Alma mater. University of Michigan. Occupation. Businessperson. George Alan Peapples (born November 6, 1940; died March 7, 2012) was a General Motors executive who was United States Assistant Secretary of the Navy (Financial Management and Comptroller) from 1977 to 1980.
GM Financial Reports March Quarter Operating Results Earnings of $106 million Consumer loan and lease originations of $2.0 billion Annualized net credit losses of 2.6% on consumer loans FORT WORTH ...
GM Financial Reports December Quarter Operating Results Earnings of $91 million Consumer loan and lease originations of $1.5 billion Available liquidity of $2.9 billion Annualized net credit ...
Website. gm.com. General Motors Company ( GM) [ 2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [ 3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, GMC, Cadillac, and Buick.
General Motors Financial Company, the financial subsidiary of automotive giant General Motors (NYS: GM) , said in a statement Wednesday that it will purchase the automotive financing operations in ...