April 29, 2025 - 22:30
GM Financial reported a notable increase in originations during the first quarter, aligning with the strong sales performance of General Motors. The total originations reached an impressive $14.5 billion, marking a year-over-year increase of 15.1%. This growth was driven by a rise in lease originations, which climbed 15.7% to $5 billion, while retail loan originations also saw a healthy increase of 14.8%, totaling $9.6 billion.
The surge in originations reflects broader trends observed in the banking sector during the first quarter, indicating a robust demand for financing options among consumers. This positive momentum not only highlights the strength of GM Financial's offerings but also underscores the overall health of the automotive market as it continues to recover from previous challenges. The increase in both lease and retail loan originations suggests that consumers are increasingly confident in their purchasing decisions, further supporting the growth trajectory of GM Financial and its parent company.
