Disruptive Economy Offers ‘Big Role’ for Auto Lenders, GM Financial CEO Says [VIDEO]

Mobility and disruptive technology continue to develop in the automotive industry, and there’s a “big role” for auto finance companies in a disruptive economy, according to Dan Berce, president and chief executive of General Motors Financial Co. As General Motors Co. — GM Financial’s parent — takes more strides into emerging mobility and autonomous technologies, […]
  • Matthew Wood
  • February 1, 2018
  • 0

Early Evidence of a Down June

Reports are coming in today that suggest June will be a down month for car sales in the United States. According to estimates, the SAAR for the month could be 2.3% to 3.6% lower. Here’s an excerpt from the LMC Automotive/J.D. Power forecast via Seeking Alpha: The LMC Automotive/J.D. Power forecast is for a 2.3% […]
  • JJ Hornblass
  • June 27, 2017
  • 0

How Auto Finance Responds to Disruption

Auto manufactures have been harnessing tech innovations to transform the industry landscape into a connected, ridesharing, driverless, and smartphone-dominated industry. In that same vein, what does this mean for auto finance? “There is an incredible amount of acceleration in the [auto finance] space, and this is when you see legacy companies partner with new companies,” […]
  • Diana Asatryan
  • March 11, 2016
  • 1

GM: Incentivize Good Behavior by Making it Fun

There is a lot to learn from the Gaming community, and it’s not necessarily its technology. “One of the things we’ve been talking about is gamification, convincing our consumers that certain behaviors, and doing certain things, is a good idea,” said Frankie James, managing director of the General Motors Advanced Technology Silicon Valley Office. When […]
  • Larissa Padden
  • February 26, 2016
  • 1

Retention and Loyalty Are GMF Priorities as Lease Provider

Customer retention, loyalty, and efficiency are key goals for General Motors Finance Co., now the sole provider of all Buick and GMC subvented leases, an exclusive agreement that went into effect last week. The captive confirmed the partnership in January 2014, taking over a side of the business it previously shared with Ally Financial Inc. […]
  • Larissa Padden
  • February 13, 2015
  • 2
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