The deal provided GM with a new financial arm to replace the loss of GMAC (now Ally Financial) in 2006. In July 2010, General Motors entered into a definitive agreement to acquire AmeriCredit in an all-cash transaction valued at approximately $3.5 billion. They also offer commercial lending products, such as retail floorplan, construction and real estate loans, or insurance for car dealerships.īefore its acquisition by GM, the company ranked at 768 on the Fortune 1000. The company provides retail loan and lease programs through auto dealers for customers across the credit spectrum. įounded in 1992 as AmeriCredit Corp., the company was acquired by GM in October 2010 and renamed General Motors Financial Company, Inc. The company is headquartered in Fort Worth, Texas, where it is downtown Fort Worth's largest employer. 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. is the financial services arm of General Motors. You will be directed to our service provider where you need to select the Executive Assessment to view a list of test centers with open seats near you.General Motors Financial Company, Inc.
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