J.D. Power’s latest U.S. Dealer Financing Satisfaction Study finds knowledgeable and empowered bank and finance company personnel are critical to building successful relationships with dealers and F&I professionals.
August 14, 2019
Ally Financial said it will make up to $750 million available to DriveTime for the purchase of retail contracts over the coming year.
January 24, 2018
With current CFO Chris Halmy set to retire on March 1, 2018, Ally Financial today announced that Jenn LaClair is joining the company as CFO designate, with the intent that she will be appointed to succeed Ally's retiring CFO.
December 12, 2017
Forty-nine U.S. auto dealers have been nominated for the 2017 Time Dealer of the Year award, according to Ally Financial. For being nominated, Ally will contribute $1,000 to each dealer's charity of choice.
October 25, 2016
Dealers in Arizona, Hawaii, Michigan, Mississippi, Montana, New Jersey, New Mexico and Wisconsin will soon be able to econtract with Ally through Dealertrack. Ally currently offers econtracting in 42 states, and hopes to complete the expansion over the next several weeks.
March 23, 2016
Ally Financial said this week it is increasing the online vehicle retailer's floorplan credit line from $60 million to $125 million. This will allow Carvana to finance approximately 7,100 vehicles, up from 3,400.
February 9, 2016
McLaren Automotive North America and Ally Financial have announced a new preferred financing relationship that will allow qualified consumers to lease the new McLaren 570S or 650S.
January 4, 2016
Ally Financial is the latest finance source to add full econtracting capabilities, including electronic contract validation, signature and distribution, through RouteOne's indirect auto finance platform.
December 10, 2015
Five million vehicles have been sold on Ally Financial’s online auction platform, the company announced this week.
October 8, 2015
Ally’s second quarter originations were flat from a year ago despite the loss of General Motors’ lease business, with the company shifting its origination mix toward used and nonprime.
July 30, 2015
Ally Financial has renewed its exclusive sponsorship of the TIME Dealer of the Year program through 2021. Nominations for the 2016 program are now open.
July 22, 2015
Starting July 19, Ally will offer customers direct access to their FICO Scores and APR within their online accounts. The finance source has also launched a secure email feature on its site to help customers send and receive account information and documentation.
July 9, 2015
In a 5-4 vote, the Supreme Court held that disparate impact claims are cognizable under the Fair Housing Act, dashing the hopes of industry insiders who believed a ruling against the controversial legal theory would put a kibosh on the CFPB’s actions in auto lending.
June 25, 2015
Ally Financial and Mitsubishi Motors North America have announced that Ally will become the preferred financing source for Mitsubishi Motors in the United States, replacing the brand's captive finance company.
April 27, 2015
The new ad campaign, titled “Driven By What We Love,” features print, online and video content that highlights dealers and Ally employees with a true passion for all things auto.
March 31, 2015
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