FORT WORTH, Texas, June 24, 2024--General Motors Financial Company, Inc. ("GM Financial"), the captive finance subsidiary of General Motors, has announced the withdrawal of GM Financial Bank’s ...

Leading up to the 2008 financial crisis, General Motors Acceptance Corp. — the automaker's ILC lending arm since 1919 — had expanded into home mortgages, leading to a $9.2 billion loss to the bank ...