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Ally Financial Sees Auto Loan Losses on Target, Margin Growth Ahead Despite Lease Pressure
Source: marketbeat.com
Corporate Guidance & OutlookCompany FundamentalsCredit & Bond Markets
Ally Financial expects retail auto loan losses to finish near the midpoint of its annual forecast, CFO Russ Hutchinson said, and sees a path to further margin expansion. Lease losses and higher delinquencies remain pressures in parts of the business.
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