Tag: Ally

Ally Financial has set aside $2.8 billion in retail auto reserves, a $1.8 billion year-over-year increase, as the COVID-19 crisis ...

Auto lenders with the highest volume of loans outstanding in California, Texas and Florida are the most exposed to future ...

The auto finance sector has been pressured from all sides since COVID-19 took root in the U.S. With vehicle production ...

Dealers may not have the financial stability to repay floorplan credit lines as the COVID-19 economic crisis collapse vehicle sales ...

Santander Consumer USA’s total funding and liquidity is likely to sustain the subprime lender through the COVID-19 economic crisis. SCUSA ...

Editor's note: This article first appeared in the April edition of the magazine, available now. After a decade of exponential ...

Online used-car retailer Vroom is expanding its finance capabilities via two separate partnerships with the largest auto lending banks in ...

Most auto lenders with major operations in Texas have not yet reported significant layoffs in response to the downturn spurred ...