Saab Selects Ally Financial as F&I Product Provider
Ally Financial has been selected by Saab Cars North America as the recommended provider of F&I products and services for Saab dealerships in the United States.
DETROIT — Ally Financial has been selected by Saab Cars North America as the recommended provider of F&I products and services for Saabdealerships in the United States.
Ally Financial will offer its Repair Advantage line of vehicle service and maintenance contracts to customers through Saab dealers, along with a comprehensive suite of ancillary F&I products, including guaranteed asset protection, lease wear and tear, tire and wheel protection, appearance protection and theft deterrence. Saab dealers can also take advantage of Ally's commercial insurance products and services, including wholesale inventory insurance, as well as access to property and casualty insurance packages offered by third-party partners for the dealership.
Ally was selected in March as the preferred source of wholesale and retail financing for qualified Saab dealers and customers in North America and internationally.
"Saab is pleased to have Ally Financial as a lending partner for Saab dealers across the U.S.," said Mike Colleran, president and chief operating officer, Saab Cars North America. "This relationship offers our dealers and customers more financial options to meet their individual needs. We appreciate the interest and support of Ally Financial."
"Ally is pleased to build upon its strong relationships with Saab dealers and customers," said Tom Callahan of Ally Financial. "As a market leader, we provide insurance programs with an experienced and dedicated sales team and leading edge technology. We are confident of our ability to help augment a dealer's business while meeting customer needs."
More Auto Finance

July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →