Ally Financial Honors Top Physical and Online Auctions with its Annual Auction of the Year Awards

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Mar 18, 2015, 09:00 ET

DETROIT, March 18, 2015 /PRNewswire/ -- Ally Financial, a leader in auto remarketing through its SmartLane and SmartAuction platforms, recently recognized its top performing auctions for 2014 with the SmartLane Auction of the Year award and the SmartAuction Mid-Stream Auto Auction of the Year award.

The SmartLane Auction of the Year award winner for the third year in a row was ABC St. Louis, which delivered outstanding performance in 2014.

"ABC St. Louis continues to be a top performing auction with a commitment to service excellence and we are proud of the success they've achieved," said Robert Stahl, executive vice president of remarketing for Ally. "We're pleased to do business with their outstanding team and look forward to future success."

Featured at participating physical auctions nationwide, SmartLane leverages Ally's remarketing specialists to professionally represent and manage the auction sale process with the goal of helping maximize net resale values for dealers and Ally. Dealers' SmartLane vehicles are presented in the auction lane along with Ally vehicles, resulting in greater exposure for dealer units.

The SmartAuction Mid-Stream Auto Auction of the Year award winner was once again Flint Auto Auction based in Flint, Michigan. It is the third consecutive award for Flint Auto Auction, which was the number one seller of SmartAuction vehicles among all the auctions that work with the online auction site.

"Flint Auto Auction is well deserving of this award. They have consistently done an outstanding job leveraging the SmartAuction platform and providing the service excellence that our buyers and consignors have come to expect," said Steve Kapusta, vice president of dealership online services at Ally. "We value their commitment and dedication and look forward to another great year in 2015."

SmartAuction also announced North Shore Auto Auction in New York as the winner of its Year-Over-Year Sales Growth award. The Top New Auction winner was Carolina Auto Auction in South Carolina.

About Ally Financial Inc.

Ally Financial Inc. (NYSE: ALLY) is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive services business offers a full spectrum of financial products and services, including new and used vehicle inventory and consumer financing, leasing, vehicle service contracts, commercial loans and vehicle remarketing services, as well as a variety of insurance offerings, including inventory insurance, insurance consultative services for dealers and other ancillary products. Ally Bank, the company's direct banking subsidiary and member FDIC, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking. Ally's Corporate Finance unit provides financing to middle-market companies across a broad range of industries.

With approximately $151.8 billion in assets as of Dec. 31, 2014, Ally operates as a financial holding company. For more information, visit the Ally media site at http://media.ally.com or follow Ally on Twitter: @Ally.

Contact:
Susan Fitzpatrick
267-387-7540
[email protected]

SOURCE Ally Financial