Tag: Ally

Ally Financial has increased Vroom’s floorplan line of credit to nearly double its former amount as the online used-car retailer ...

Online used-car marketplace Shift Technologies has secured a $100 million floorplan facility from Ally Financial, effectively ending the company’s search ...

The bottom line for third quarter earnings performance at auto finance providers is this: blame supply chain constraints that are ...

The third quarter is so far a tale of declining floorplan business and a robust growth in consumer auto sales. ...

Ally Financial again posted a 15-year quarterly record for auto originations in the third quarter, driven by high used-vehicle values ...

Reserve releases and record used-vehicle values fueled a positive recovery rate on net charge-offs at Ally Financial and boosted lease ...

As the industry continues to recover from the pandemic, auto lenders should keep a close eye on outside economic factors ...

Ally Financial posted another record quarter in Q1 of 2021, with the highest origination volume in five years sourced from ...