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Home » Ally Financial posts highest Q3 auto originations in 15 years

Ally Financial posts highest Q3 auto originations in 15 years

Floorplan outstandings decreased YoY and sequentially

Amanda HarrisbyAmanda Harris
October 25, 2021
in Earnings
Reading Time: 2 mins read
0
Ally Financial posts highest Q3 auto originations in 15 years

Photographer: Gabby Jones/Bloomberg

Ally Financial again posted a 15-year quarterly record for auto originations in the third quarter, driven by high used-vehicle values and record application volume. Originations clocked in at $12.3 billion for Q3, an increase of 25.5% year over year as the lender received 3.3 million decisioned auto applications — also a 15-year record — bringing […]

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