Large U.S. automotive-finance platform that benefits from an extensive set of dealer relationships Increasingly streamlined strategic orientation Stability and oversight associated with bank franchise and bank holding company status Evolving business model with monoline exposure to U.S. auto finance sector Historical reliance on GM and Chrysler customers, dealers, and products Modest core earnings capacity Legacy legal and regulatory risks based on its previous mortgage business activities Standard&Poor's Ratings Services' ratings on Ally Financial Inc. (formerly GMAC Inc.) reflect our assessment of the company's strong core U.S. auto finance franchise, and its status as a bank holding company subject to capital standards and ongoing oversight. Counterbalancing these positive factors, in our view, are its monoline exposure to the U.S.
