Tag: Ally Financial

Ally Financial increased its allowance for auto credit losses in the first quarter as delinquencies and net charge-offs rose on ...

Ally Financial named a new chief executive today, ending a three-month search. Michael Rhodes will take the reins of the ...

Vroom is discontinuing its e-commerce and used-vehicle dealership businesses as the retailer faces ongoing liquidity challenges.   The retailer on Jan. ...

Ally Financial continued to emphasize auto lending in the fourth quarter, leading to an uptick in originations driven by strong ...

Longtime Ally Financial leader Doug Timmerman today was named the lender’s interim chief executive, succeeding Jeffrey Brown.   Brown, who ...

Used-car retailer Carvana unloaded loans it had been holding on its balance sheet in the third quarter, which pushed up ...

Despite constrained market conditions, Ally Financial’s originations picked up in the third quarter on the heels of a record number ...

Ally Financial Chief Executive Jeffrey Brown is stepping down in January after leading the company since 2015.  Brown has served ...