Cit

By James 2026-05-11 16:05:05

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Cit. During the following the war, consumer spending rose dramatically and CIT prospered in its consumer appliance, furniture, and automobile financing groups. In 1924, CIT incorporated in and became a via an on the. CIT began offering in 1928 and expanded operations into Europe in 1929.

With international tensions rising prior to , CIT closed its German operations in 1934. Dietz succeeded Ittleson as president of the company in 1939. During the war, CIT offered its 2,000 employees a month's bonus, life insurance, and a guaranteed job on return if they served in the.

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