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GM, Wells Fargo Launch Auto Finance Partnership

General Motors Co. and Wells Fargo & Co. announced a long-term partnership to offer financing to Chevrolet, Buick, GMC and Cadillac dealers and retail customers in GM’s West marketing region.

“Our relationship with Wells Fargo further improves GM’s competitiveness by expanding the financing options we can offer to our dealers and customers,” said Mark Reuss, president of GM North America.

Wells Fargo will offer GM dealers a complete suite of products alongside the core offering of retail subvention, according to the company. These offerings will include non-subvented retail loans and financing solutions for GM dealers, including wholesale floorplan and other financing, treasury services and insurance.

via F&I Magazine.

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