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
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Is That the Smell of Compounding Risk?

If you only looked at GM Financial’s origination volume last week, you would think auto finance was continuing on its boom-time ways. GMF grew its North American originations 19% last quarter to around $11 billion, according to company earnings released last Friday. Sing Hallelujah! Well, don’t lose your voice yet. There is a wellspring of heightening […]
  • JJ Hornblass
  • May 4, 2017
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And So It Begins – The Subprime Realignment

So, GO Financial and now, Dealer Funding has taken the brave steps to stop competing in what has been a very hot, and many say overly competitive, subprime automobile market for the past  five years.  You may be able to add Westlake Financial’s captive Western Funding to the list, where a major shake up at […]
  • Bobby Lazenby
  • June 28, 2016
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Companies Reconsider Corporate Titles, as Industry Evolves

The auto finance C-suite keeps expanding from the familiar list of CEO, COO, and CFO. As a result of technical innovation, competition, and outside threats, companies revisit job descriptions and create new titles to match those responsibilities, in the C-suite and in other ranks of upper management, experts say. “It’s safe to say that the […]
  • Diana Asatryan
  • January 25, 2016
  • 0

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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