General Motors Financial Company, Inc. is the financial services arm of General Motors. The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China. The company is headquartered in Fort Worth, Texas, where it is downtown Fort Worth's largest employer.[3]
Founded in 1992 as AmeriCredit Corp., the company was acquired by GM in October 2010 and renamed General Motors Financial Company, Inc. The company provides retail loan and lease programs through auto dealers for customers across the credit spectrum.[4] They also offer commercial lending products, such as retail floorplan, construction and real estate loans, or insurance for car dealerships.
Before its acquisition by GM, the company ranked at 768 on the Fortune 1000.[5]
^ abcd"FY 2021 Earnings Release, General Motors Financial Company". GM Financial. February 1, 2022.
^"FY 2021 Earnings Release, General Motors Financial Company". GM Financial. February 1, 2022.
^Baker, Ahles & Kaskovich (June 23, 2017). "After XTO, who are downtown Fort Worth's biggest employers?". Fort Worth Star-Telegram. Retrieved September 2, 2018.
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US$ 13.419 billion (2021)[1]