Ally Financial reported that $14.8 billion of its $41 billion in total auto financing originations in 2015 stemmed from installment contracts for used vehicles. The figure marked a rise of $3.1 ...
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 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 ...
It's been a troubled period for the auto industry, as delinquency rates rise and two high-profile companies recently filed for bankruptcy. But auto lender Ally Financial doesn't seem worried. In the ...
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