FORT WORTH, Texas — For the second time since just after
Labor Day Weekend, General Motors Financial announced the pricing of an
offering of automobile receivables-backed securities.

This week, GM Financial announced the pricing of a $1.0
billion offering through lead managers Barclays, Credit Suisse, J.P. Morgan and
Morgan Stanley. The co-managers are Citigroup; Goldman, Sachs & Co.; and
RBC Capital Markets.

GM Financial reiterated that it 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 2012-5 in seven classes of notes:

 Note Class
 Amount  Average
Life		  Price  Interest
Rate
 A-1  $203,400,000  0.25
years		  100.00000  0.27000%
 A-2  $315,300,000  0.95
years		  99.99768  0.51%
 A-3  $191,590,000  2.04
years		  99.98546  0.62%
 B  $76,517,000  2.84
years		  99.97668  1.12%
 C  $94,987,000  3.45
years		  99.97660  1.69%
 D  $93,403,000  3.95
years		  99.97593  2.35%
 E  $24,803,000  3.97
years		  99.96944  3.29%
   $1,000,000,000      

The weighted average coupon on the notes to be paid by GM
Financial is 1.5 percent.

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

 Note Class
 Fitch
 S&P
 A-1  F1+
(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)

The 2012-5 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 pointed out copies of the prospectus relating
to the public offering of receivables-backed securities may be obtained from
the lead managers and co-managers.

Officials added 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 said.

Back on Sept. 5, GM Financial announced the pricing of a
$1.3 billion offering of automobile receivables-backed securities through lead
managers Deutsche Bank Securities, RBS and Wells Fargo Securities. The
co-managers were Citigroup, Credit Suisse, Morgan Stanley and RBC Capital
Markets.


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