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Company: GM Financial
Current Parent Company:
General Motors
Parent at the Time of the Penalty Announcement:
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Penalty: $1,800,000
Year: 2022
Date: March 7, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: GM Financial, an automobile financing company, agreed to pay more than $1.8 million to resolve allegations that the company's business practices violated Massachusetts state consumer protection laws.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.