With more than $25 billion of financing at stake, Chrysler’s retail and floorplan business has sparked interest from some of the nation’s largest lenders. Among the contenders are Ally Financial Inc., Chase Auto Finance, GE Capital Corp., Santander Consumer USA, US Bancorp, and Wells Fargo & Co.
Chrysler CEO Sergio Marchionne has opened the bidding for two possible scenarios: a captive-type joint venture or a private-label lending arrangement.
Here’s a look at the…Continue
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