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Welcome to your Council News

Welcome to your Council News

Published August 2017

Jonas Hollandsworth

By Jonas Hollandsworth

Dealer Council Members,

Over the past few years, the breadth and depth of GM Financial’s capabilities have increased significantly – from becoming the exclusive provider of GM’s incentivized loans and leases to introducing expanded commercial vehicle, asset remarketing, and wholesale financing solutions, all tied together by an innovative Dealer Dividends rewards program. Viewed holistically, these solutions have firmly established GM Financial as GM’s captive finance company.

It is important to keep you abreast of our progress on the many initiatives that are critical to your dealerships as well as the thousands of GM dealers you represent in your position as a dealer council member. As a participant on GM’s various dealer councils, we are afforded the opportunity to provide brief updates; however, given the extent of work underway at GM Financial, there is an opportunity to update you more frequently. That’s why we are introducing you to this first edition of Council News – your updates on our ever-evolving and fast-moving business.

As we continue building upon our alignment with GM, this newsletter will update you on GM Financial’s investment in expanded marketing, conquest, retention initiatives, and capabilities. This exclusive look will contain deep insights that showcase the value we deliver as a captive lender and will be sent straight to your inbox. 

General Motors is supporting GM Financial as a full-scale captive, and our programs, offerings and solutions provide ultimate value to our dealers.  We are one company, one team, and we are aligned to work together to better serve you – our dealers – and consumers. Council News will address your priorities by providing detailed, data-driven metrics about the state of our business.

This month, we’re diving into our floorplan value, our Dealer Dividends “test drive” results, and how the recent program enhancements offer redemption flexibility. We’re also examining how our credit mix and vehicle originations are becoming more reflective of a true captive as well as how our current Remarketing programs and incentives can increase profitability at your dealership.

I encourage you to take a look at the information and provide us with your feedback.

From everyone at GM Financial, we appreciate your dedication and contributions to the industry and our business. Enjoy this first edition, and please don’t hesitate to reach out to me directly at Jonas.Hollandsworth@gmfinancial.com.

 

Sincerely,

Jonas Hollandsworth
Executive Vice President, U.S. Sales and Credit Operations
GM Financial

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