Rebound in used-car purchases helps Ally post modest 2Q profit American Banker
“used cars” – Google News
Tag: Ally
Ally seizes opportunity in used-car lending – American Banker
American Banker |
Ally seizes opportunity in used–car lending
American Banker Ally Financial seized an opportunity in its auto-lending business during the first quarter, but it also contended with the challenge of running an online-only bank at a time when some depositors are chasing higher yields. The Detroit company on … |
Ally profit warning deepens angst over slumping used-car prices – Automotive News (subscription) (blog)
Automotive News (subscription) (blog) |
Ally profit warning deepens angst over slumping used–car prices
Automotive News (subscription) (blog) Concern is mounting over falling used–car values dragging on lenders including Ford Motor Co.'s financial-services unit. Consumers have turned to leasing more than ever to lower their monthly payments on new vehicles that have been selling at record … |