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GM Financial Expands Auction Footprint to Manheim San Diego

October 9, 2018

FORT WORTH, Texas--(BUSINESS WIRE)--Oct 9, 2018--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial”) today announced that beginning Sept. 12, the company began running its vehicles at Manheim San Diego as part of a soft opening. The Oct. 10 sale kicks off the company’s official grand opening at Manheim San Diego.

“The addition of Manheim San Diego builds upon our long-standing partnership with Manheim and expands our footprint in a market where GM Financial has experienced increasing volumes,” said Brad Bollman, Senior Vice President Remarketing North America at GM Financial. “This represents an important market for GM Financial and will bring off-lease inventory closer to dealers in Southern California.”

GM Financial has experienced expanded inventory volumes throughout 2018 with continued growth forecasted into 2019, including in Southern California. Manheim San Diego marks the first expansion to the GM Financial auction footprint this year, increasing the company’s auction lineup to 45 locations.

”We are very excited about the new GM Financial sale at Manheim San Diego and all that it will offer our mutual clients,” said Julie Picard, Manheim Regional Vice President, West Region. “As partners, our goal is to provide our clients with an exceptional experience and the inventory they need to grow their business.”

The company will offer off-lease and retail repossession units at open sales every other Wednesday.

About GM Financial

General Motors Financial Company, Inc. is the wholly-owned captive finance subsidiary of General Motors Company and is headquartered in Fort Worth, Texas. For more information, visit www.gmfinancial.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005151/en/

CONTACT: GM Financial

Lane Borrello, 817-302-7525

Lane.Borrello@gmfinancial.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: AUTOMOTIVE PROFESSIONAL SERVICES FINANCE GENERAL AUTOMOTIVE

SOURCE: General Motors Financial Company, Inc.

Copyright Business Wire 2018.

PUB: 10/09/2018 10:00 AM/DISC: 10/09/2018 10:01 AM

http://www.businesswire.com/news/home/20181009005151/en

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