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GM Rolls Out F&I Products With Vehicle Brand Names


Beginning this month GM will roll out its F&I products, firstly though its dealerships in Ohio and then expanding nationwide by the end of this year. Steve Hill, vice president of customer care and aftersales for GM North America, said that GM will offer guaranteed asset protection, tire-and-wheel coverage policies and extended-service contracts for the GMC, Chevrolet, Cadillac and Buick brands. ...
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Opel Hopes to Boost Sales Through Opel Financial Services
Opel expects to boost sales relying on cheaper leasing deals and loans after it has taken back in-house the German banking license. In April, GM Financial Company launched the new 'Opel ...
Ally Financial Reports $1.1 Billion Net Income for Q1
Ally Financial reported first quarter net income up by almost $800 million to $1.1 billion on one-time gain. Ally Financial announced that its core pre-tax loss reached $6 million during the ...
Ally Financial Sold its Latin America and Europe Operations to GM Financial
Ally Financial announced it has almost completed the sales of its assets in Latin America and Europe to GM Financial for $2.6 billion. "Completion of this transaction marks another step in ...
Ally Sells the Rest of Mortgage Servicing Rights to Quicken Loans
Ally Financial will sell to Quicken Loans the rest of the agency mortgage servicing rights for almost $280 million. On January 31st, the loans had an unpaid principal balance of almost ...
Ally Financial Will Not Survive a Severe Recession in the US
According to the Federal Reserve, Ally Financial will not be able to survive a severe recession in the US. Ally Financial, which is still majority-owned by the government after the 2009 ...
Ally Financial to repay U.S. Treasury in full by 2014
Ally Financial will repay the U.S. Treasury for its bailout by 2014 on the strength of its auto-finance business, its CEO said. The second-largest remaining investment by the U.S. Treasury's bailout ...
Chrysler Chose Banco Santander as Its Lender for Auto Loans
Chrysler chose Banco Santander as its lender for auto loans, expanding the financing the US automaker can offer its dealers and buyers. Chrysler Capital, which will be launched on May 1st, ...
Ally Financial posts Q4 profit as U.S. auto sales increase
Ally Financial, the biggest U.S. auto lender, posted a fourth-quarter profit as more consumers purchased cars and trucks. The company's net income was $1.4 billion, compared with a loss of $206 ...
Banco Santander Close to Becoming Chrysler’s Financing Arm
Chrysler and Banco Santander are close to striking an agreement to set the Chrysler Capital in-house financing arm. According to the Wall Street Journal report, a deal between Chrysler and Spain’s ...

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