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GM Financial Reports Higher Income

GM Financial Reports Higher Income Featured

General Motors Financial Company Inc. announced income from continuing operations of $450 million for the quarter ended Dec. 31, compared to $242 million for the same period in 2016.Retail loan originations were $4.4 billion for the quarter, compared to $4.7 billion for the quarter ended Sept. 30 and $3.9 billion for the quarter ended Dec. 31, 2016. The outstanding balance of retail finance receivables was $32.8 billion at Dec. 31.Operating lease originations were $5.8 billion for the quarter, compared to $6.5 billion for the quarter ended Sept. 30 and $5.9 billion for the quarter ended Dec. 31, 2016.
Last modified on Thursday, 08 February 2018 02:38

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