" One key player in Ally's effort to sell more products to its customers will be Diane Morais, who was named president of Ally Bank on March 24. GM reported a year ago net income of $ 576mn , more than doubling the $ 227mn reported a year ago due to an after-tax gain of about $400mn from the sale of its JV in China . Jeffery Brown , its CEO said that 1Q of the ways Ally is making up for lost Ally Financial lease business is to pursue more subprime loans which accounts for 12% of all Jeffery Brown originations in 1Q vs 9% a year ago . The firm has highlighted that cross-selling is a top priority as it looks for new revenue streams. Automotive News 28-Apr-15American Banker 28-Apr-15
GM reported a year ago net income of $ 576mn , more than doubling the $ 227mn reported a year ago due to an after-tax gain of about $400mn from the sale of its JV in China . Jeffery Brown , its CEO said that 1Q of the ways Ally is making up for lost Ally Financial lease business is to pursue more subprime loans which accounts for 12% of all Jeffery Brown originations in 1Q vs 9% a year ago . The firm has highlighted that cross-selling is a top priority as it looks for new revenue streams. Automotive News 28-Apr-15American Banker 28-Apr-15