Ally Maintains Momentum
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DETROIT — As the top auto finance provider in the U.S., according to AutoCount by Experian Automotive, Ally is continuing its strong momentum, with solid year-over-year growth in total vehicle financing (up 27 percent). Ally continues to grow across its new- and used-vehicle financing business, as well as leasing.
Ally has also nearly doubled its share of U.S. non-prime auto financing in 2011, according to J.D. Power PIN data.
"The company remains committed to providing financing across a broad spectrum of credit, while ensuring sound underwriting criteria and responsible financing practices," said Mike Kane, vice president of Ally Consumer Credit Operations.
2011 Auto Loans
2011 U.S. Originations: $32.9 billion
2010 U.S. Originations: $27.7 billion
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Auto Leases
2011 U.S. Originations: $7.3 billion
2010 U.S. Originations: $3.9 billion
