The Argentine branch of GMAC had assets worth 548m pesos (US$142m) and a loan portfolio of 378m pesos, the bank said in a statement cited by Reuters, but did not say how much it had paid for GMAC Compania Financiera.
“For Banco Patagonia, this deal allows us to enter the business linked to the car industry,” the statement said.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
