DETROIT — GM Financial’s loan and lease originations climbed in the third quarter, even as General Motors’ U.S. light-vehicle sales fell 9.9 percent, and more customers paid their loans on time, despite economic uncertainty. Only 2.1 percent of payments were 31 to 60 days past due during the quarter, compared …
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The 2021 Genesis G80 and GV80 are set to reach U.S. dealers by this fall after the coronavirus pandemic delayed plans for the two vehicles to reach our shores by this summer. The GV80 is the brand’s first SUV, and the G80 is completely redesigned for 2021. Both vehicles start …
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New dealer enrollment at Credit Acceptance Corp. has experienced a “fall off” in the fourth quarter, Chief Executive Brett Roberts said during the company’s Jan. 30 earnings call. CAC signed 753 new dealers last quarter, compared with 1,032 in the prior-year period. The Southfield, Mich.-based lender expected dealer sign-ups “somewhere …
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