Ally expects low inventory, elevated auto loan originations in '22

A Chevrolet dealership in the Queens borough of New York on July 15, 2021. (BLOOMBERG/Bloomberg)

October 27, 2021 02:49 PM

Indirect auto lending giant Ally Financial expects inventory shortages to persist in 2022 but predicted another strong year of auto loan applications received and amounts borrowed, CFO Jenn LaClair said Oct. 21.

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