Automakers want to start banks, hoping to benefit from lighter-touch rules

https://www.reddit.com/r/business/comments/1j7x4bk/automakers_want_to_start_banks_hoping_to_benefit/

created by Next-Particular1476 on 10/03/2025 at 12:10 UTC

4 upvotes, 3 top-level comments (showing 3)

https://www.msn.com/en-us/money/companies/automakers-want-to-start-banks-hoping-to-benefit-from-lighter-touch-rules/ar-AA1ABioq?ocid=msedgntp&pc=HCTS&cvid=29ebd3ce5d3f4b0486355c9a94697126&ei=21[1][2]

1: https://www.msn.com/en-us/money/companies/automakers-want-to-start-banks-hoping-to-benefit-from-lighter-touch-rules/ar-AA1ABioq?ocid=msedgntp&pc=HCTS&cvid=29ebd3ce5d3f4b0486355c9a94697126&ei=21

2: https://www.msn.com/en-us/money/companies/automakers-want-to-start-banks-hoping-to-benefit-from-lighter-touch-rules/ar-AA1ABioq?ocid=msedgntp&pc=HCTS&cvid=29ebd3ce5d3f4b0486355c9a94697126&ei=21

Comments

Comment by gangofone978 at 10/03/2025 at 12:22 UTC

5 upvotes, 0 direct replies

Ah so we’re circling right back to GMAC Bank, and the like? All that is old is new again. What will be the rebranded name when it fails this time around?

Comment by SnakesTancredi at 10/03/2025 at 12:23 UTC

4 upvotes, 0 direct replies

Didn’t GE try this?

Comment by BoogerSugarSovereign at 10/03/2025 at 13:36 UTC

3 upvotes, 1 direct replies

Looks like 25% APR car loans are on the menu, this will be great for consumers(of consumers)!