Subscribe
Finance Insurance

Ally's EV lease strategy includes tax credits, residual guarantee

HUTCHINSON-MAIN_i.jpg
Hutchinson: Ally “well-positioned”
JH
By:
John Huetter
August 31, 2024 10:00 AM

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.

Featured Stories

Trump tariffs erode U.S. auto trade reputation, upend global supply chain
Trump tariffs erode U.S. auto trade reputation, upend global supply chain
Nissan upping U.S. Rogue production 56% to skirt import tariffs
Nissan upping U.S. Rogue production 56% to skirt import tariffs
GM recalling some full-size pickups, SUVs for V-8 engine defect
GM recalling some full-size pickups, SUVs for V-8 engine defect
Agency eases some self-driving safety rules, sending Tesla stock soaring
Agency eases some self-driving safety rules, sending Tesla stock soaring

Latest News

Nissan upping U.S. Rogue production 56% to skirt import tariffs
Gentex halts China mirror sales as tariff chaos cuts revenue forecast
Agency eases some self-driving safety rules, sending Tesla stock soaring
Daily 5 report for April 25: Public gets a rare glimpse at the personal home of an automotive titan
Staying current is easy with newsletters delivered straight to your inbox.

See More in Finance Insurance

0% auto loans were rarest on record during Q1, Edmunds says
Texas dealership owes Hyundai Capital nearly $15 million, lawsuit says
F&I tips: Reach out to high achievers for help, Adam Marburger says
Washington dealership group, former partner Assurant battle in court after switch in F&I providers
Staying current is easy with newsletters delivered straight to your inbox.