Ally Financial decided to exit both the transportation equipment finance and RV commercial lines of business enabling a renewed focus on its core business operations. read more

AUG 30, 2018 - 7:10 am

Fitch Rating said GM’s higher emphasis on offering its customers lease options through its captive General Motors Financial subsidiary poses another challenge for Ally Financial. read more

FEB 9, 2015 - 7:17 am

Ally Financial said Jeffrey J. Brown has been named CEO succeeding Michael A. Carpenter who is retiring as chief executive and from the board. Brown also joins Ally’s board of directors. read more

FEB 3, 2015 - 7:25 am

Ally Financial said the Treasury said it has sold its remaining shares of Ally common stock and received $19.6 billion on the $17.2 billion Ally investment, which is $2.4 billion more than originally invested. read more

DEC 22, 2014 - 7:30 am