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Ally Financial auto originations jump 20.9% in Q2

Lease originations dropped 36.4%

Aidan Bush

Ally Financial’s auto originations rose in the second quarter, while consumer affordability pressures kept delinquencies elevated. Ally’s auto loan and lease originations rose 20.9% year over year and 15.7% quarter over quarter in Q2 to $13.3 billion, according to its earnings supplement today. Originations grew amid seasonal sales dynamics and sustained consumer spending, Chief Executive […]

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