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Chrysler Forms Auto-Financing Unit With Santander

Published: February 8, 2013

According to an article on Bloomberg, Chrysler forms an auto-financing unit with Santander.

Santander Consumer USA Inc. will form Chrysler Capital to provide customers with financing to purchase and lease vehicles, Auburn Hills, Michigan-based Chrysler said yesterday in a statement. Chrysler Capital, which will begin operating May 1, will also provide dealers with wholesale loans for buying vehicles from the manufacturer.

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