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Sales & Variable OPS

GM Financial Reports Net Income of $109 Million

GM Financial Reports Net Income of $109 Million

FORT WORTH, TEXAS – GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $109 million for the quarter ended September 30, 2011, and $282 million for the nine months ended September 30, 2011. Loan originations were $1.4...

GM Certified Pre-Owned Sales Increase in October

GM Certified Pre-Owned Sales Increase in October

U.S. Chevrolet, Buick, GMC and Cadillac dealers reported 25,298 sales of certified pre-owned vehicles for the month of October, a 2 percent increase compared to last month, and also compared to last year. Additionally, through the past month, dealers reported an 11...

Manheim Used Vehicle Index Falls for Fifth Straight Month

Manheim Used Vehicle Index Falls for Fifth Straight Month

Manheim Consulting's monthly auto industry brief reported October 2011 wholesale used vehicle prices decreased for the fifth consecutive month down to 122.8.  The Manheim Used Vehicle Value Index is also down slightly over October 2010 when it was 122.9. Manheim said...

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