To catch up with competitors General seeking automotive finance partner
Super comprehensive Automotive News reported, according to News Agency Insider, in order to increase the intensity of car loans, increase the United States market sales, GM is currently and related financial institutions for cooperative negotiations.
In 2009, caught in the shadow of bankruptcy protection in General Motors was forced to sell its subsidiary finance company GMAC LLC (now renamed as Ally Financial Inc.). Universal has therefore become a handful of House there is no financial company cheqi. Because you cannot provide consumers contend with competitors of loan discounts, GM had to give up part of the pain. The first five months of this year, General Motors sales grew 15%, but has financial company Ford car sales rise but achieve common twice.
According to an insider, General Motors with the development of cooperation between Financial Ally, but since it seems that this Financial Ally and not interested in, so the General decided to look for other partners.
In response to these rumors, GM spokesman refused to disclose specific information, only said: "now General Motors is trying by all means, providing consumers with more competitive loan incentives. ”
(Super car network)