DETROIT, Oct. 23, 2014 -- Ally Financial is pleased to announce that 55 U.S. auto dealers have been selected as nominees for the 2015 TIME Dealer of the Year award. Now in its 46th year, this prestigious and highly coveted honor recognizes the nation's most successful auto dealers who also demonstrate a long-standing commitment to community service.
These nominees are part of a select group of dealers from across the country that will be honored at the 98th annual National Automobile Dealers Association (NADA) Convention & Exposition in San Francisco, Calif., on Jan. 23, 2015. The announcement of this year's nominees was made by Jed Hartman, group publisher, worldwide, TIME, and Tim Russi, president of Auto Finance for Ally.
"The dealers nominated for this award are dedicated business owners, auto lovers, and most importantly, champions for their local communities, with a willingness to give back on a grand scale," said Russi. "Ally is proud to honor and support these dealers as they work today and tomorrow to build better places to live, work and do business."
A recent survey by Ally and NADA found that more than 70 percent of U.S. dealers increased their charitable giving in 2014 compared to 2013, with the bulk of dealers (around 90 percent) supporting community service and local organizations. The survey also found that more than 65 percent of dealers organize staff volunteerism in the community.
In its fourth year as exclusive sponsor, Ally will recognize the 2015 nominees and their community efforts by contributing $1,000 to each dealer's 501(c)3 charity of choice. The 55 nominees will be highlighted on AllyDealerHeroes.com, which showcases the philanthropic contributions and achievements of auto dealers and stories of their charitable outreach in local communities.
In previous years, nominee grants have supported various local community organizations, including youth athletic leagues, educational programs, cultural offerings and local nonprofits. Past winners have included Jeff Teague of Teague Auto Group in El Dorado, Ark., Michael Alford of Marine Chevrolet in Jacksonville, N.C., and Mike Shaw of Mike Shaw Chevrolet Saab in Denver, Colo. Along with the help of Ally grant funds, these dealers have helped make a difference by ensuring local organizations can continue to serve their local communities - from providing supplies to a local Boys and Girls club, to ensuring students can participate in after school programs, or attend Scout camp.
For a list of all 2015 TIME Dealer of the Year nominees, click here (PDF).
To learn more about the 2015 TIME Dealer of the Year nominees, click here.
About Ally Financial Inc.
Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. 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 $149.9 billion in assets as of June 30, 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.