Ford and GM recently got the green light to launch banks. Here's what that could mean for car buyers.

General Motors investors are looking for the automaker to continue its strong run of quarterly performance, with fourth ...

The Federal Deposit Insurance Corporation has approved a deposit insurance application submitted by GM to establish the new GM Financial Bank subsidiary.

Pain now for the greater good later.

Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 ...

General Motors Co. in Detroit and Ford Motor Co. in Dearborn have received Federal Deposit Insurance Corp. (FDIC) and the ...

Ford Motor Co. and General Motors have cleared a key regulatory hurdle after federal banking regulators approved their applications to establish industrial banks, a move that gives the two ...

FDIC approves deposit insurance for Ford and GM banks, clearing the way for industrial banks focused on auto financing and ...

Full year net income of $2.1 billion; fourth quarter net income of $460 million -- Full year retail loan and operating lease originations of $55.9 billion; $12.6 billion for the fourth quarter -- ...

GM told salaried employees unmet business targets are to blame for smaller bonus checks this year.

Ford (F) and General Motors (GM) are in talks with First Brands over a potential lifeline to avoid supply disruption, as the car parts supplier seeks financing to help it continue operations during ...