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.
September 13, 2025 - 09:44
Key Events to Anticipate in the Coming WeekAs the new week approaches, market analysts are gearing up for several significant events that could shape economic trends. A focal point will be the Federal Reserve`s upcoming interest rate...
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Asian Markets Surge as Fed Rate Cuts Spark OptimismSYDNEY - Asian share markets experienced a significant upswing on Friday, buoyed by the positive momentum from Wall Street. The anticipation of multiple interest rate cuts by the U.S. Federal...
September 11, 2025 - 19:55
Federal Reserve Poised for Rate Cuts, But Not a Major MoveConsumer prices saw an increase of 0.4% in August, as indicated by the latest Consumer Price Index (CPI) data. This rise was slightly above the 0.3% that economists had anticipated, leading to...
September 11, 2025 - 02:35
BILL Holdings Teams Up with Paychex to Enhance Financial Solutions for Small BusinessesBILL Holdings has recently seen a significant 25% increase in its stock price over the past month, a rise that may be attributed to its new initiative, `Bill Pay, Powered by BILL,` developed in...