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General Motors Financial Company Inc Virtual Fireside Chat Hosted By Barclays Transcript

Jun 18, 2020 / 03:45PM GMT
Release Date Price: $1.45 (-2.48%)
Brian Arthur Johnson
Barclays Bank PLC, Research Division - MD & Senior Equity Analyst

This Brian Johnson. I want to welcome everyone to our call with GM Financial, Barclays and GM Financial. Very pleased to have with us Peter Troisi from our high-grade automotive -- who's our high-grade automotive credit analyst here at Barclays. We're joined by Dan Berce, President and CEO of GM Financial; and Susan Sheffield, the EVP and CFO. We also have representatives of GM IR on the line.

Questions & Answers

Brian Arthur Johnson;Daniel E. Berce
Barclays Bank PLC, Research Division - MD & Senior Equity Analyst;General Motors Financial Company, Inc. - President, CEO & Director<

I'd like to begin, Dan. We're just driving into some broader market questions. First, SAAR has been holding up well in April and May. Do you anticipate -- and so far, at least first week in June, seems to only be down on the retail level of 4% to 6%. Do you anticipate that momentum continuing? Or do you think May was more about pent-up demand?

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