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by douche 3390 days ago
The US big three all have financial services companies centered on auto loans.

https://en.m.wikipedia.org/wiki/Ford_Motor_Credit_Company

https://en.m.wikipedia.org/wiki/GM_Financial

https://en.m.wikipedia.org/wiki/TD_Auto_Finance

1 comments

Its interesting to note that GM Financial is a rather new addition to GM. They sold their original vehicle financing arm (GMAC) during their bankruptcy as did Fiat Chrysler.
They're also working in concert with Uber to offer subprime financing to drivers who don't currently own a vehicle of their own.

http://www.businessinsider.com/uber-encourages-drivers-sign-...