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Ally CEO prepares to boost subprime auto lending, cope with loss of GM

2015-02-20 20:22:51| Auto Dealers - Topix.net

Brown, the new Charlotte-based CEO at Ally Financial Inc. , told the news service that eventually losing the remaining exclusive leasing deals with GM is a "planning assumption we've got today." GM has recently begun bringing new-vehicle finance operations back in-house for most of its brands, under the GM Financial wing.

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