GM’s debt is a nothing-burger

To the likely well intentioned person who keeps blathering on about GM’s “$115 billion in debt”, the majority of that debt is to cover auto loans. It’s a function of running a financial business.

Learn to cite sources. Otherwise you lack credibility. I know it’s exciting to be hyperbolic and negative about General Motors, but seriously, learn about how businesses works.

Source:
https://stockdividendscreener.com/auto-manufacturers/gm-total-debt-and-liabilities/

“All said, according to the chart above, it can be seen that GM Financial contributes the most debt to the company, at roughly 84% of the total as of 4Q 2022.”

Comment! It's anonymous!

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The worse the economy gets, the more likely people will default on loans. If the debt is related to loans then it's risky debt.

In truth, after GM pulled out of most regions and focused heavily on SGM and GMNA it is questionable if SGM is pouring money in keep GMNA a float. Volume is down but the cost per vehicle increased (rememebr we are talking about OEM to dealer not dealer to retail) buyer. It's 2003 all over again. How much longer will the profit last?

“I like how you used a an AI-written website as your source.”

I like how you attack the article because you were wrong.

I like how you used a an AI-written website as your source.

From the same AI article:

“As of fiscal 2022 4Q, GM Financial’s unsecured debt topped $55 billion USD, a record high for the company and more than 30% higher than secured debt.

In short, GM Financial’s growing unsecured debt portion is a worrying trend.”

Yikes.

I agree with you. But there are a lot of other people posting who find a web site, don't really understand what it says, and then start ranting based on their misunderstanding.

Most of the very long posts are like that.

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GM’s debt is a nothing-burger

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