agent Entrepreneur logo
MenuMENU
SearchSEARCH

Ally Teams With DealerTrack To Expand Retail Financing In Canada

April 20, 2011
2 min to read


TORONTO — Ally Financial Inc. and DealerTrack Canada Inc., a subsidiary of DealerTrack Holdings Inc., today announced that Ally Credit Canada Limited has been added to the DealerTrack Canada network of more than 6,000 Canadian dealers, F&I and Showroom reported.


"The addition of Ally to the DealerTrack Canada network provides the company with access to retail financing applications from essentially all Canadian auto dealers across all manufacturers," said Tom Dickerson, president of Ally Credit Canada Limited. "It is a means to broaden our customer base and to strengthen our support to the auto industry."

Ad Loading...


Ally and DealerTrack began their strategic partnership in February 2010 when Ally joined DealerTrack's U.S. credit application network. Ally will also continue to accept applications through the RouteOne system.


The DealerTrack Canada network allows Canadian dealers to electronically submit credit application data directly to DealerTrack-registered lenders, and facilitates the completion of lender specific documentation necessary to complete a fundable transaction.


"Now with Ally Financial on the DealerTrack Canada network, Canadian dealers will have another well-respected financing resource to tap into to help close sales," said Michael Collins, vice president and general manager of DealerTrack Canada Inc., in Mississauga. "The DealerTrack Canada network has quickly become the go-to source for dealers to help streamline their financing processes and simplify electronic, real-time credit decisions."


Ally financed $3.8 billion in consumer auto contracts in Canada last year. "Our presence on DealerTrack in Canada provides additional dealers with a new opportunity to get their customers financed for new and used vehicle sales," Dickerson added.


More Industry

The outside of a blue Gregg Young Chevrolet dealership.
Industry•by Lauren Lawrence•October 22, 2026

Nebraska Rooftop Changes Hands

The Gregg Young Automotive Group has sold its second dealership to Janssen Auto Group, both in Plattsmouth, Neb.

Read More →
Two white men's shaking hands
Industry•October 15, 2026

Penske Auto Group Deal a Record

The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.

Read More →
Rows of cars parked in exterior lot
Industry•by Hannah Mitchell•October 8, 2026

War Toll a Damper on Used Auto Prices

Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.

Read More →
Ad Loading...
Mechanic cleaning interior of engine
Industry•by Lauren Lawrence•October 8, 2026

Bridge the Maintenance Gap

With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.

Read More →
Ford F-150 truck rounding a curve
Industry•by Hannah Mitchell•October 1, 2026

California Store Has New Owner

The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.

Read More →
crane lowering a pipeline into the ground
Industry•by Lauren Lawrence•October 1, 2026

BMW Plant Pursues Cleaner Energy

BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.

Read More →
Ad Loading...
Two dodge cars outside of dealership.
Industry•by Lauren Lawrence•September 17, 2026

Auto Affordability Inches Up

The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.

Read More →
Five men smiling for photo in front of Honda car dealership.
Industry•by Lauren Lawrence•September 10, 2026

Ohio Auto Group Under New Ownership

After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.

Read More →
Blue and white RV parked on beach facing the ocean.
Industry•by Lauren Lawrence•September 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Ad Loading...
Photo of two men and one woman on a discussion panel
Industry•by Hannah Mitchell•September 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Ad Loading...