NEW YORK — Ally Financial addressed speculation that it might venture into more subprime auto lending. The company reiterated to SubPrime Auto Finance News about its decision to concentrate on the ...

Ally Financial, after struggling with loans it made during the pandemic-era auto boom, appears to be finally turning the corner as it starts 2025. The progress is partly due to improvements in the ...

Ally Financial's new management is confident that its recent problems, which stem from some borrowers being unable to repay their auto loans, will get better. They just can't predict when. The company ...

Ally snapped a 10-quarter earnings beat streak with a 1% EPS miss, but record auto loan applications of 4.6 million and net interest margin expansion to 3.63% underscore resilient credit fundamentals ...

Ally Financial Inc. (NYSE: ALLY) is a digital financial services company specializing in automobile loans. They were originally the financial arm of General Motors Inc. (NYSE: GM). The finance sector ...

Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is actually pretty important because it speaks to Ally Financial's business ...

At its core, Ally Financial is a bank. But it isn't your typical bank, which is highlighted by the fact that it was once the auto finance arm of General Motors. Today, Ally Financial's product ...