Tag: Ally Financial

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 ...

Ally Financial Inc. started cutting jobs on Monday, initiating a workforce reduction that will affect less than 5% of the ...

Ally Financial’s auto originations declined 22% year over year as the bank prioritized higher-quality credit, while electrified vehicle financing volume ...