Ally Financial's net income fell 73 percent year over year in the fourth quarter to $76 million, though the plunge was driven in part by its pending sale of Ally Lending to Synchrony. Ally announced ...
Ally Financial Inc. saw fewer auto loan applications during the third quarter compared with a year earlier, but the dollar value of its new originations remained unchanged at $12.3 billion, the ...
While some Ally Financial borrowers are having a harder time making their car payments, the company is sticking to its earlier projection that its retail net charge-offs will be about 1.8% for all of ...
While Ally Financial expects the strong used-car market to lose steam over the next two years, there’s no sign of a drop-off yet. The Detroit-based lender continues to benefit from robust auto sales ...
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 Inc. on Wednesday reported first-quarter profit of $319 million — an improvement over the fourth quarter of 2022 — but said its first-quarter net income fell 51 percent from a year ...
Along with naming a new chief risk officer, Ally Financial on Wednesday announced that it will offer consumer auto financing products for vehicles purchased on Beepi, an online platform launched last ...
Ally Financial Inc. (NYSE:ALLY), a prominent player in the U.S. auto lending market with a market capitalization of $11.38 billion, has been navigating a complex financial landscape marked by shifting ...
Shop new and used cars for sale from Ally Auto Group at Cars.com. Browse 24 available models.
Ally Financial's shares have performed better than some regional banks during the crisis, but still experienced a -14% return. The company has a sticky and resilient deposit base, with a focus on ...
DETROIT, March 18, 2020 /PRNewswire/ -- Consistent with its mission to be a true ally to its customers, employees, and communities, Ally Financial (NYSE: ALLY) launched a comprehensive set of ...