Ally Financial posted the bank’s highest first-quarter auto origination volume in 11 years despite low new-vehicle inventory. Auto originations increased 13.7% year over year to $11.6 billion sourced from 3.2 million applications, according to the bank’s Q1 earnings supplement released today. While application volume dipped 3.6% YoY, the lender’s number of active dealers jumped to […]
Source : AutoFinanceNews
