Tag Archives: Financial’s

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 …

GM Financial’s loan originations plunged 35 percent in the fourth quarter as a new incentive program offered by General Motors got off to a slower start than anticipated. Despite the decline, lease originations and net income rose, and revenue inched up slightly. In the fourth quarter, loan originations at GM’s …