Summary: From Americredit To GM Financial

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From Americredit to GM Financial in a matter of seconds. General Motors was looking for a new financial service industry opportunity and they had an eye on Ameri/Credit as being exactly what they needed. A financial service who already has strong ties with its many consumers, and someone who is well established in the industry for itself. Back in September 1992, General Motors took a step forward in purchasing AmeriCredit and renaming it as GM Finacial Company Inc. to match the company name. Now the buying has continued from that point to a couple years not too long ago. Next GM bought FinanciaLinx in Canada in 2011, then came Ally Financial Inc. In 2012 for international business, and finally stopped with a joint venture in china. After all …show more content…

The four principals consist of integrity, investment, innovation, and information. Integrity is at the beginning because it is the most important. Character and respect go a long way with GM Financial so without this, they would not be able to achieve providing the best financial services possible to their consumers. Investment comes into play from providing adequate service to their consumers so that they may make a real investment when deciding to finance their new vehicles with the company. They also have in in company investment to invest in their employees. Such as health and retirement benefits. At GM Financial, they believe the employees are just as important as the consumers, so everyone deserves to be taken care of. Innovation comes from all individuals being able to come together as a group a speak freely to bring new ideas and thought processes to the table to keep up with the never-ending market changes and demands of the world. Lastly is the information side where it is also importance to have that speaking freely ability to share your ideas without judgement. This promotes different forms of communication exchanges between employees helping the company bond and come together to be a stronger network. (GM Financial: …show more content…

There is a Code of Ethics that every employee must abide by to be a member there. The rules inside their Code of Ethics are very straight forward about things such as non discrimination, freedom to voice yourself, and rules against being violent or profound in the work place. This means that if the rules were to be broken, then actions on employment would need to be taken for there is a zero-tolerance policy as well. Every employee knows this, so it makes it an easier place to work where there are very rare cases of misconduct, sexual harassment, or other potential human resource issues that need to be dealt with. (GM Financial: About GM

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