Ally Repays $5.9 Bill to U.S. Treasury
With its recent payment, the auto finance source has now returned more than 70 percent of the government’s $17.2 billion investment.
DETROIT — Ally Financial Inc. announced this week that it repaid the U.S. Treasury $5.9 billion. To date, the finance source has returned more than 70 percent of the government’s $17.2 billion investment to save the former captive and to fuel its lending capabilities through the Great Recession.
The repayment was the result of Ally’s repurchase of outstanding shares of the Mandatorily Convertible Preferred securities held by the U.S. Department of the Treasury. Ally also completed a private placement of 216,667 shares of Ally common stock for an aggregate price of approximately $1.3 billion.
“Completion of these transactions marks key milestones for Ally,” said the company’s CEO, Michael A. Carpenter. “With the $5.9 billion payment, Ally has returned more than 70 percent of the investment to the U.S. taxpayer, as well as achieved a more normalized capital structure.
The U.S. Treasury currently holds approximately 64 percent of the common equity in Ally, down from 74 percent. The remaining 36 percent of the common equity is held by a diverse mix of existing and new institutional investors.
More Auto Finance

Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →
Permission or Approval: When to Notify Finance Sources
Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.
Read More →
At-Risk Auto Borrowers Drive Looser Credit Access
Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.
Read More →
Auto Loan Forecast Bucks Market Trend
Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.
Read More →
Auto Credit More Plentiful
Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.
Read More →
Auto Loans Long as Stretch Limos
More consumers, faced with ever-rising car prices, are adapting by agreeing to longer loan terms despite the cost of added interest payments.
Read More →
AutoPayPlus Launches RePayPlus
The reinsured biweekly payment program offers auto dealers with customer retention and reinsurance structure.
Read More →