GM Financial Q3 originations slip as GM shuffles incentive mix

In the third quarter, GM’s U.S. sales rose 6 percent to 739,000 vehicles but the automaker shifted its incentive strategy. (DAVID PHILLIPS)

October 30, 2019 04:40 PM

GM Financial's loan originations dipped in the third quarter as General Motors adjusted its incentive strategy, the captive said Tuesday. Despite the dip in originations, net income rose 17 percent to $516 million during the latest period.

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