Ally Financial posts highest Q3 auto originations in 15 years

Floorplan outstandings decreased YoY and sequentially

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 […]

Already subscribed? Click below.

Exit mobile version