Company Overview of General Motors Financial Company, Inc.
General Motors Financial Company, Inc. provides various automobile financing solutions in North America and internationally. The company engages in purchasing and servicing retail automobile installment sales contracts originated through franchised and independent dealers in connection with the sale of used and new automobiles. It also offers lease financing services on new vehicles; commercial lending services consisting of floorplan financing to finance the purchase of vehicle inventory, as well as dealer loans to finance improvements to dealership facilities, to provide working capital, and to purchase and/or finance dealership real estate. In addition, the company sells repossessed autom...
801 Cherry Street
Fort Worth, TX 76102
Founded in 1986
Key Executives for General Motors Financial Company, Inc.
Chief Financial Officer and Executive Vice President
Executive Vice President of Brazil
President of International Operations
Chief Credit & Risk Officer and Executive Vice President
Compensation as of Fiscal Year 2014.
General Motors Financial Company, Inc. Key Developments
General Motors Financial Company, Inc. to Expand Operations Center in North Texas
Aug 1 14
General Motors Financial Company, Inc. announced that it has completed the purchase of a property in Arlington, Texas, to expand its Arlington Operations Center campus. The 240,000 square foot facility is located on 22 acres of land near the intersection of Interstate 20 and Collins Street. The facility will accommodate approximately 800 to 900 employees, most of whom will be new hires over the next two to three years. The company plans to upgrade the exterior façade, parking lot and interior of the building that was formerly used as a customer service center by a major financial institution. Although the company will begin occupying the space in the next few months, the renovations are expected to take nearly 24 months to complete. When finished, GM Financial will use the new office space for operations and as a training and conference center.
General Motors Financial Company, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Charge-Offs for the Second Quarter Ended June 30, 2014
Jul 24 14
General Motors Financial Company, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of $1,191 million compared to $836 million a year ago. Income before income taxes was $265 million compared to $264 million a year ago. Net income was $175 million compared to $178 million a year ago.
For six months, the company reported revenue of $2,288 million compared to $1,376 million a year ago. Income before income taxes was $487 million compared to $434 million a year ago. Net income was $320 million compared to $284 million a year ago.
For the quarter, the company recorded charge-offs of $191 million compared to $116 million a year ago.
General Motors Financial Company, Inc. to Report Q2, 2014 Results on Jul 24, 2014
Jun 24 14
General Motors Financial Company, Inc. announced that they will report Q2, 2014 results at 7:30 AM, US Eastern Standard Time on Jul 24, 2014
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