Santander Consumer USA

Ally claims Santander stole trade secrets for Chrysler Finance job

6:19 pm U.S. ET | Sept. 20, 2013
A joint venture of a Banco Santander unit and Chrysler Group was accused in a lawsuit by Ally Financial of violating a copyright on loan forms to avoid a $150 million accounting penalty.... Read More »

 

Santander Consumer USA, lender behind Chrysler Capital, plans IPO

7:25 pm U.S. ET | July 5, 2013
Santander Consumer USA, which formed Chrysler Capital this year in partnership with Chrysler Group, filed plans to raise at least $50 million in an initial public offering and said it plans to pursue deals with other automakers.... Read More »

 

FINANCE & INSURANCE Q&A: TOM DUNDON

Chrysler Group seeks an edge with Chrysler Capital

12:01 am U.S. ET | May 13, 2013
Chrysler Capital, the private-label arrangement between Santander Consumer USA and Chrysler Group, began operating in the United States May 1 as the preferred lender for Chrysler Group. Chrysler Capital will offer prime and subprime retail loans and leasing through Chrysler dealers, as well as floorplanning and construction loans to dealers.... Read More »

 

JIM HENRY

GM, Chrysler take opposite tacks on captives

12:01 am U.S. ET | May 1, 2013
Does a car company need to own a captive finance company? While GM and Chrysler Group came off similar experiences of being partners with Ally Financial after their old captives went away during restructuring, they have reached different conclusions.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, needed more used cars. But driving 150 miles to the nearest auction was time-consuming and costly. Mon., April 14
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