Tag: Ally Financial

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 ...

Corporate layoffs and souring stock prices sheared tens of millions of dollars off auto finance executives’ compensation in 2022, according ...

Auto lenders are increasingly turning to third-party technology providers to build tech stacks and expand their capabilities to save time ...

Ally Financial tightened its underwriting guidelines in the first quarter, slowing origination volume as the lender prepares for continued increases ...

American Credit Acceptance names Bynum CEO   Subprime automotive lender American Credit Acceptance promoted Jason Bynum to chief executive and Tori ...

Ally Financial appointed a new chief financial officer Friday, five months after CFO Jennifer La Claire stepped down. Russell Hutchinson ...

Auto finance company stocks took a beating in 2020, but they were pummeled even further in 2022.  Fears of a ...