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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.
In 2009, General Motors sold 6.5 million cars and trucks globally; in 2010, it sold 8.39 million. [192] Sales in China rose 66.9% in 2009 to 1,830,000 vehicles and accounting for 13.4% of the market. [193] In 2010, General Motors ranked second worldwide with 8.5 million vehicles produced. [194]
In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.
At Apple’s WWDC event last year, the company said CarPlay was available in an astounding 98% of new cars sold last year and that 79% of new car buyers would only consider purchasing a vehicle ...
GM delivered 594,233 vehicles, down 1.5% year over year, while retail sales were up 6%. A GMC vehicle for sale on the Chuck Nash dealership lot in San Marcos, Texas. (Brandon Bell/Getty Images ...
In an 8-K filing submitted by GM on Thursday, the automaker says it expects to take a $1.5 billion pre-tax charge, and up to $300 million in pre-tax, non-cash pension curtailment charges. GM said ...
Ally Financial Inc. (known as GMAC until 2010) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.
GM revealed what it has been up to with Google and its generative AI technology, using AI chatbots to do a number of tasks, even talking to customers via its OnStar in-car concierge.