Ally Financial worked with 2,702 more dealerships and financed $1.4 billion more in loans and leases during the first quarter, though its volume of applications fell 3.6 percent compared with a year ...

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. Processing Content The Detroit-based lender continues to benefit from ...

SoFi and Ally reported Q1 results that could not look more different, and the gap between their strategies raises a pointed ...

Ally Financial said its revenue rose 2.7 percent to a record $8.43 billion in 2022, and the lender also produced a record net interest margin for the year. However, the Detroit bank on Friday said its ...

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 ...

Shares of Ally Financial Inc. ALLY lost 17.6% in Tuesday’s trading, touching its lowest level since January, after the company warned of “intensifying credit challenges” in the current quarter. ALLY’s ...

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 ...

CEO Michael G. Rhodes stated he is "encouraged and energized by the progress we've made as an organization over the first half of the year," highlighting "double-digit year-over-year growth" in ...

Ally Financial (formerly known as the General Motors Acceptance Corp., or GMAC) is one of the biggest auto lenders in the United States. It also has Ally Bank, which is a digital depository insured by ...

Oct 23 - Fitch Ratings views Royal Bank of Canada's (RBC; 'AA/F1+') announced agreement to buy the auto finance and deposit business of Ally Credit Canada Ltd. (Ally Canada) and ResMor Trust Company, ...