GM Financial originations up 1%, loan share shrinks

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GM Financial’s origination volume was flat in the second quarter as the captive’s loan share declined, even as retail sales improved and General Motors increased incentive spend.   Loan originations totaled $9.1 billion in Q2, flat sequentially and up 1.1% year over year, according to the lender’s earnings presentation today. North American originations were flat YoY […]





Source : AutoFinanceNews