DETROIT, July 14, 2014 -- Ally Financial and TIME have opened the nomination period for the 2015 TIME Dealer of the Year program. The process kicked-off at the annual Automotive Trade Association Executives (ATAE) Summer Conference in Laguna Niguel, Calif.
This year, the winner and finalists will be selected by a panel composed of faculty from The Tauber Institute for Global Operations, a partnership between the Ross School of Business and the University of Michigan’s College of Engineering (CoE). The panel will choose the 2015 finalists from each of the four NADA regions, and from those four finalists, the judges then select the national winner.
ATAEs, who represent state and metro area dealer associations throughout the country, can begin the process of selecting and nominating extraordinary dealers within their regions for the upcoming 2015 TIME Dealer of the Year award by visiting timedealeroftheyear.com
To recognize the exemplary community involvement and leadership of these dealers, Ally provides a $1,000grant to a qualified nonprofit organization chosen by each nominee, as well as additional grants for the winner and finalists. The ATAE who nominates the 2015 TIME Dealer of the Year winner will also receive a $5,000 donation to the charity of their choice. In 2014, Dennis Jungmeyer, of the Arkansas Automobile Dealers Association, nominated winner Jeff Teague, of Teague Auto Group in El Dorado, Ark. Jungmeyer chose to provide his grant to the CARTI Kids Program, which provides a support system for pediatric cancer patients. Ally has provided approximately $250,000 in grants to nonprofit organizations in connection with the TIME Dealer of the Year program.
Nominees for the 2015 award will be announced in October and the winner will be named at the National Automobile Dealers Association (NADA) Convention and Expo in San Francisco in January 2015. To learn more about the TIME Dealer of the Year program, visit timedealeroftheyear.com.
About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) 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 $148.5 billion in assets as of Mar. 31, 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.