Ally makes a turn toward used market

Ally Financial, the largest U.S. auto lender, is shifting more of its business toward the used-vehicle market with changes in its portfolio and its used-vehicle leasing program.

GM Financial's prime originations surge thanks to GM subvention

GM Financial's lease originations more than doubled in the first quarter, resulting in more prime-credit customers.

Continental expects no major hit from carmakers' price cuts

Continental is bracing for tough talks with Volkswagen and other carmakers over prices, though it does not expect to take a major hit on its results,

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