Ally Financial Inc. (NYSE: ALLY Proposed)

200 Renaissance Center, P.O. Box 200
Detroit, MI 48265-2000 (Map)
Fax: 815-282-6156
Toll Free: 866-710-4623
http://www.ally.com

Hoover's coverage by Laura Huchzermeyer

Overview

Ally Financial wants to be your friend in the financing business. Formerly GMAC, the firm opted for the friendlier-sounding name in 2010 after it converted to a bank holding company. In addition to owning Ally Bank, the company provides auto financing for some 18,000 auto dealerships (mostly General Motors (GM) and Chrysler) and their customers around the world. Its Residential Capital (ResCap) subsidiary issues residential mortgages in the US and Canada. Ally Financial also provides financing services for large- and mid-market companies around the world through Ally Commercial Finance (formerly GMAC Commercial Finance). The US government owns about 74% of Ally Financial, but is selling off its stake in stages.

Sample Overview

Key Numbers from Hoover's UK

Key financials for Ally Financial Inc. (NYSE: ALLY Proposed)

Company Type Holding Company (NYSE: ALLY Proposed)
Fiscal Year-End December
2010 Sales (mil.) £10,838.8
1-Year Sales Growth (5.1%)
2010 Net Income (mil.) £694.9
2010 Employees 14,400
1-Year Employee Growth (23.4%)
Get more Key Numbers
TIP: Understand how a company performs against its industry by reviewing Comparison Data. Column-to-column comparisons to the industry and the market are available with a Hoover's subscription.
TIP: Subscribers have access to detailed financial data (income statement, balance sheet, cash flow) for more than 500,000 public and private companies in the UK.

Key People from Hoover's UK

Key people and executives for Ally Financial Inc. (NYSE: ALLY Proposed)

Chairman Franklin W. (Fritz) Hobbs
(Subscribers see complete biographies -- view sample)
CEO and Director Michael A. (Mike) Carpenter
President and Head Global Automotive Services William F. (Bill) Muir
TIP: Use Build Executive List to target decision makers by industry, geography, sales, net income, and number of employees.

Top Competitors from Hoover's UK

Top competitors of Ally Financial Inc. (NYSE: ALLY Proposed)

There are 8 competitors for Ally Financial; see more.
TIP: Analyze the Competitive Landscape to view a head-to-head comparison of a firm's profitability, operations, growth, and valuation versus that of its top three competitors.

Significant Developments

View company events at Ally Financial Inc. (NYSE: ALLY Proposed) such as IPOs, bankruptcies, or executive changes

Event Details
IPO Filing Subscribers get full details --
view a sample
Name Change
More Significant Developments

Industry Information from Hoover's UK

First Research Industry Profiles Extensive Industry Intelligence

See All Profiles

Hoover's Industries

More Industry Information
TIP: Hoover's proprietary industry structure allows you to tell at-a-glance how diversified a company's operations are, and which line of business can be considered a company's primary industry.

Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Ally Financial Inc. (NYSE: ALLY Proposed)

View more Subsidiaries/Affiliates of Ally Financial
TIP: Use subsidiary and affiliate information to determine easy cross-sell and upsell opportunities within an organization or business line. Hoover's subscribers have full access to detailed Family Tree information.

Rankings from Hoover's UK

See how Ally Financial Inc. (NYSE: ALLY Proposed) ranks in standard industry listings such as Fortune 500, S&P 500, and Dow Jones

TIP: Hoover's subscribers have access to FT 500 and other rankings that make targeted list building easy.

Subscribers Get More!

Search Hoover's UK

View Hoover's UK Free Content

Buy A Report on Ally Financial:

Sample UK Subscriber Content


Bizmology

No Christmas wrapping on toy safety reforms

by Linnea Kirgan, Jan. 2nd, 2008
Read more at Bizmology.com.


Companies That Exceed Expectations

Who's going above and beyond the status quo? Learn more about these groundbreaking companies!

Current Edition: Click Here



Small Business Expert

Presented by Comcast Business Class

Read More from the Current Edition: Performance Reviews

Click Here


Copyright © 2012, Hoover's, Inc., All Rights Reserved. Legal Terms | Privacy Policy