General Motors on Monday started a credit card with Goldman Sachs and revamped its rewards program to allow customers to earn more points to put toward purchasing or leasing Buicks, …
Goldman Sachs
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Goldman Sachs said on Friday it expects to become the issuing bank for American automaker General Motors’ credit card business, from September this year. Reports in October said that Goldman …
- General Motors
Goldman to buy General Motors’ credit card unit for $2.5 billion
by SpeedLuxby SpeedLuxGoldman Sachs Group is purchasing General Motors‘s credit card business for about $2.5 billion, the Wall Street Journal reported on Thursday, citing people knowledgeable with the matter. The Wall Street …
- General Motors
Goldman to buy General Motors’ credit card unit for $2.5 billion
by SpeedLuxby SpeedLuxGoldman Sachs Group is buying General Motors’ credit card business for about $2.5 billion, the Wall Street Journal reported on Thursday, citing people knowledgeable with the matter. The Wall Street …
- General Motors
General motors find big names for bidders for credit card business
by SpeedLuxby SpeedLuxAmerican investment bank Goldman Sachs is looking to purchase General Motors’ credit card unit as it looks to double down on its banking arm, the Wall Street Journal reported on …
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Electric vehicle maker Fisker is expected to go public through a merger with a company backed by alternative investment manager Apollo Global Management with a combined value of $2.9 billion, …
- Aviation
American Airlines seeks $3.5 billion in new financing to improve liquidity
by SpeedLuxby SpeedLuxAmerican Airlines Group Inc stated on Sunday it prepares to secure US$3.5 billion in new financing, to improve the airline’s liquidity as it deals with travel restrictions led by the …
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Auto sales platform Vroom Inc. more than doubled in its trading launch after racing past its previous goals for its initial public providing to raise $468 million. Shares of the …
- Nissan
Japanese automakers brace for US sales as coronavirus impacts clients
by SpeedLuxby SpeedLuxAs the U.S. auto industry braces for the biggest slump since the 2008 financial crisis because of the coronavirus crisis, analysts are counting the cost for Japan’s automakers — whose fortunes depend …
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Ford Motor prepares to start production of new luxury Lincoln models in China for that sector as they are launched, beginning with the new Corsair later this year, to take …
