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Chrysler Group LLC has selected Ally Financial to be the preferred financing provider for Fiat vehicles in the U.S. marketplace. Ally Financial will offer retail financing, leasing, wholesale financing, working capital and facility loans, and remarketing services to the new Fiat dealer network.
Read More →It’s clear the company formerly known as GMAC Financial Services is on the rebound, but what about its insurance unit? Well, the editor gets the scoop.
Read More →With the auto finance unit of the Ally Financial hitting its stride, F&I and Showroom magazine decided to find out how GMAC Insurance is faring these days. Gregory Arroyo, the magazine’s executive editor, went one-on-one recently with Tom Callahan, the executive heading up the company’s global insurance operations.
Read More →Ally Financial Inc. (Ally) said in a preliminary report that it achieved its second quarter of profitability, as well as its sixth profitable quarter for its core automotive business.
Read More →Ally Financial Inc. today said it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico and begin using the Ally name in August. This follows the transition of the corporate entity to Ally Financial Inc. in May.
Read More →Ally Financial Inc. (Ally) today announced that Barbara Yastine was appointed to the newly created role of chief administrative officer, effective immediately. She replaces Samuel Ramsey, chief risk officer, who elected to leave the company for personal reasons, but will remain with Ally until May 31, 2010.
Read More →GMAC Financial Services announced a series of actions intended to strengthen the company's capital base, position it for improved financial performance, minimize further adverse effects on GMAC related to Residential Capital LLC (ResCap), and improve access to the capital markets over time.
Read More →Starting Thursday, Oct. 1, GMAC Financial Services will begin rewarding loyal General Motors and Chrysler dealers with cash, remarketing services and other perks.
Read More →Ally Bank has kicked off a marketing and advertising campaign that empathizes with bank customers who are fed up with fine print, hidden fees and teaser rates.
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