Wednesday, June 22, 2016

GM Financial’s special sales target both U.S. & Canadian dealers


FORT WORTH, Texas — For dealerships in both the U.S. and Canada looking for certified pre-owned inventory, General Motors Financial is hosting a series of wholesale events where used-car managers might be able to find exactly what they seek.

GM Financial recently kicked off its annual elite sales series, which can give dealers exclusive access to hundreds of the best pre-owned GM vehicles at a series of one-day sales across the U.S. and — for the first year ever — in Canada, too.




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Tuesday, May 12, 2015

Big 3 Boost CPO Sales

Big 3 Boost CPO Sales by More Than 15%
WOODCLIFF LAKE, N.J. — Domestic-brand dealers increased their April certified pre-owned sales by more than 15 percent, pushing their year-to-date total above 300,000 units, according to Autodata Corp.

The Big 3 sold a collective 78,864 CPO units for the month, beating April 2014 figures by 15.5 percent, Autodata noted.
Financial Solutions

Monday, May 4, 2015

Ally Replaces Captive for Mitsubishi

Ally will become the preferred financing source for Mitsubishi Motors in the U.S., replacing the brand's captive finance company, Mitsubishi Motors Credit of America Inc.

The agreement broadens the existing relationship between Ally and MMNA, continuing to make Ally's full suite of automotive financial products and services available to all Mitsubishi dealers and their customers.
Note Buyer

Tuesday, April 28, 2015

Ally to Replace Mitsubishi's Captive Finance Arm

Ally to Replace Mitsubishi's Captive Finance Arm
Ally Financial and Mitsubishi Motors North America have announced that Ally will become the preferred financing source for Mitsubishi Motors in the United States, replacing the brand's captive finance company.

Financial Solutions

Ally to Replace Mitsubishi's Captive Finance Arm

Ally to Replace Mitsubishi's Captive Finance Arm
Ally Financial and Mitsubishi Motors North America have announced that Ally will become the preferred financing source for Mitsubishi Motors in the United States, replacing the brand's captive finance company.

Financial Solutions

Friday, April 24, 2015

GM Financial Reports Results

General Motors Financial Co. announced net income of $150 million for the quarter ended March 31, compared to $145 million for the quarter ended March 31, 2014.

Consumer loan originations were $4.1 billion for the quarter, compared to $4 billion for the quarter ended Dec. 31, 2014, and $3.4 billion for the quarter ended March 31, 2014.
Financial Solutions

GM Financial Reports Results

General Motors Financial Co. announced net income of $150 million for the quarter ended March 31, compared to $145 million for the quarter ended March 31, 2014.

Consumer loan originations were $4.1 billion for the quarter, compared to $4 billion for the quarter ended Dec. 31, 2014, and $3.4 billion for the quarter ended March 31, 2014.
Financial Solutions