Top

GM Says Strike Cost $1.1 Billion, but Raises Dividend

Semis down 12% this year; up 20% next year, says IDC

China's Overcapacity in Clean Energy is Causing Global Problems. How Will the U.S. Respond?...

Nikon Selects Aeva in Multi-year Production Agreement to Power Next Generation of High Precision Industrial Metrology Inspection Products...

EU Weighs Imposing Tariffs Against Chinese EV Manufacturers

Tag: auto lending

Industry Focus Areas, Motorized Vehicle

Wells Fargo cedes U.S. auto-lending crown to Ally amid car glut

August 25, 2017

Via: Automotive News

Wells Fargo & Co. just ended its 3 1/2 year reign as the king of U.S. auto lending. The bank’s decision months ago to pull back from making new loans cleared the way for Ally Financial Inc. to become the […]