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GM Card Members Get $1,000 Bonus Earnings In January

The earnings can be used toward the price of a new Chevrolet vehicle.

GM Financial Ranks Low In J.D. Power 2020 U.S. Dealer Financing Satisfaction Study

The auto finance sector may be set for a shake-up in a post COVID-19 world.
By |December 18th, 2020|Article Type, Business, Credit, Financial, JD Power & Associates, Leasing, Lending, News, Strategy, Study, U.S. Dealer Financing Satisfaction Study|Comments Off on GM Financial Ranks Low In J.D. Power 2020 U.S. Dealer Financing Satisfaction Study|

GM Repays Over Half Of The $16B It Borrowed To Get Through COVID

Through October, The General has paid back $9.1 billion of the $16 billion it borrowed.
By |December 9th, 2020|Article Type, Business, COVID-19, Credit, Debt, Disasters, Earnings, Financial, News, Notes, Repayment|Comments Off on GM Repays Over Half Of The $16B It Borrowed To Get Through COVID|

General Motors Sells Credit Card Business For $2.5 Billion

Goldman Sachs beat out Barclays in a bidding war for the business.
By |October 2nd, 2020|Article Type, Business, Credit, Decisions, Financial, GM Financial, Lending, News, Strategy, Subsidiaries|Comments Off on General Motors Sells Credit Card Business For $2.5 Billion|

Goldman Sachs Wants To Acquire The GM Credit Card Business

The financial institution wants to open up in-vehicle payment options.
By |August 12th, 2020|Article Type, Business, Credit, Financial, News|Comments Off on Goldman Sachs Wants To Acquire The GM Credit Card Business|

$4 Billion In Recently-Issued GM Notes Rated BBB- By Fitch

Representing a "Good" credit rating, though not the best.
By |May 15th, 2020|Article Type, Business, COVID-19, Credit, Disasters, Exclusive, Financial, GMA Special, News|Comments Off on $4 Billion In Recently-Issued GM Notes Rated BBB- By Fitch|

GM Cash Reserves Bolstered Even Further By $4.0B During COVID-19

By issuing $4 billion of unsecured notes maturing in 2023, 2025 and 2027.
By |May 13th, 2020|Article Type, Business, COVID-19, Credit, Debt, Disasters, Financial, News, Strategy|Comments Off on GM Cash Reserves Bolstered Even Further By $4.0B During COVID-19|

GM Cash Reserves Bolstered Even Further By $4.0B During COVID-19

By issuing $4 billion of unsecured notes maturing in 2023, 2025 and 2027.
By |May 13th, 2020|Article Type, Business, COVID-19, Credit, Debt, Disasters, Financial, News, Strategy|Comments Off on GM Cash Reserves Bolstered Even Further By $4.0B During COVID-19|

GM Adds $3.6 Billion In Available Credit During COVID-19 Pandemic

Further strengthening the automaker's liquidity position.
By |April 27th, 2020|Article Type, Breaking, Business, COVID-19, Credit, Debt, Dhivya Suryadevara, Disasters, Financial, GMA Special, News, People|Comments Off on GM Adds $3.6 Billion In Available Credit During COVID-19 Pandemic|

GM Adds $3.6 Billion In Available Credit During COVID-19 Pandemic

Further strengthening the automaker's liquidity position.
By |April 27th, 2020|Article Type, Breaking, Business, COVID-19, Credit, Debt, Dhivya Suryadevara, Disasters, Financial, GMA Special, News, People|Comments Off on GM Adds $3.6 Billion In Available Credit During COVID-19 Pandemic|