Ally Financial rapidly expanded its electric vehicle leasing business after receiving a 50 percent residual value guarantee from an unspecified automaker during the first quarter. Leases, not loans, ...

DETROIT - Ally Financial Inc. (NYSE:ALLY) reported first-quarter results that exceeded analyst expectations, driven by improved auto portfolio yields and reduced insurance losses. Shares rose nearly 1 ...

AM Best has upgraded the credit ratings for the members of Ally Insurance Group. They include Motors Insurance Corporation and its reinsured subsidiaries, MIC Property and Casualty Insurance ...

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Ally Insurance Group ...

Ally Financial Inc. (NYSE: ALLY) is a digital financial services company specializing in automobile loans. They were originally the financial arm of General Motors Inc. (NYSE: GM). The finance sector ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) ...