Ally Financial posts highest Q3 auto originations in 15 years | Auto Finance News Ally Financial posts highest Q3 auto originations in 15 years | Auto Finance News
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Ally Financial posts highest Q3 auto originations in 15 years

Floorplan outstandings decreased YoY and sequentially

Amanda Harris by Amanda Harris
October 21, 2021
in Earnings
Reading Time: 2 mins read
0

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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