Ally hits origination goal amid stiffer competition | Auto Finance News | Auto Finance News

Ally hits origination goal amid stiffer competition

Ally Financial has met its origination goal amidst the “heightened competition” in auto, Chief Financial Officer Jenn LaClair said during the bank’s earnings call today. Ally’s fourth-quarter loan and lease originations declined 1.2% year over year to $8.1 billion. Despite a drop in volume, Ally’s originations were decisioned from a record 2.9 million loan applications, […]

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