SUPPLY OF NEW CARS IN THE U.S. IS ON THE LOWER SIDE SAYS ALLY FINANCIAL INC.

Highlights

• The largest auto lender in the United States, Ally Financial Inc. said the supply of new cars in the country is lower side and the car manufacturers should get busy

• Executive Officer (CEO) Jeffrey Brown said there’s enough consumer demand for manufacturers to ramp up output of new models but there is not enough supply

• With number of new COVID-19 cases going up again and severa....