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FORT WORTH, Texas — For the fourth time since June of last
year, General Motors Financial announced the pricing of an offering of
automobile receivables-backed securities totaling at least $1 billion.

The newest development revealed by the company on Tuesday is
for a $1.0 billion offering through lead managers Deutsche Bank Securities,
Goldman, Sachs & Co., RBC Capital Markets and RBS. Co-managers are
Citigroup and Credit Suisse.

Officials reiterated GM Financial uses net proceeds from
securitization transactions for long-term financing of its receivables.

The securities will be issued via an owner trust,
AmeriCredit Automobile Receivables Trust 2013-1 in seven classes of notes:

 Note Class
 Amount  Average
Life		  Price  Interest
Rate
 A-1  $184,000,000  0.22 years  100.00000  0.24000%
 A-2  $313,600,000  0.95 years  99.99670  0.49%
 A-3  $212,690,000  2.16 years  99.99738  0.61%
 B  $76,520,000  2.98 years  99.97484  1.07%
 C  $94,980,000  3.56 years  99.99020  1.57%
 D  $93,410,000  4.02 years  99.97374  2.09%
 E  $24,800,000  4.04 years  99.97570  2.64%
   $1,000,000,000      

The weighted average coupon on the notes to be paid by GM
Financial is 1.2 percent.
 

The note classes are rated by DBRS and Standard &
Poor's. The ratings by note class will be at least:

 Note Class
 
DBRS
 S&P
 A-1  R-1(high) (sf)  A-1+
(sf)
 A-2  AAA (sf)  AAA (sf)
 A-3  AAA
(sf)		  AAA
(sf)
 B  AA
(sf)		  AA
(sf)
 C  A
(sf)		  A
(sf)
 D  BBB
(sf)		  BBB
(sf)
 E  BB
(sf)		  BB
(sf)

Officials indicated the 2013-1 transaction will have initial
credit enhancement of 7.25 percent, consisting of a 2.00 percent cash deposit
and 5.25 percent overcollateralization. Total required enhancement will build
to 14.25 percent of the then-outstanding receivable pool balance, which
includes the initial 2.00 percent cash deposit.

GM Financial said copies of the prospectus relating to the
public offering of receivables-backed securities may be obtained from the lead
managers and co-managers. The Class E Notes have been privately offered via a
private placement memorandum which may be obtained from the lead managers.

"This press release shall not constitute an offer to sell or
the solicitation of an offer to buy the securities described in this press
release, nor shall there be any sale of these securities in any state in which
such offer, solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state," GM Financial
officials said.

Since June of last year, GM has announced three different
securitizations; one an offering for $1.3 billion, another for $1.2 billion and
a third of $1.0 billion.


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