Chrysler Group LLC and Banco Santander SA Join Forces In Auto Financing-Reuters

Wednesday, 6 Feb 2013 03:19pm EST 

Reuters reported that Chrysler Group LLC has agreed to make Banco Santander SA its preferred lender for auto loans. Chrysler Capital, to be created under a 10-year deal due to launch on May 1, will include financing for customers with lower credit scores and subprime borrowers. It will also offer financing for dealers who want to spiff up their showrooms. 

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