Finance Insurance

FCA captive would roil Santander

FCA CEO Sergio Marchionne, left, with Chairman John Elkann at a media conference, said FCA didn't have “proper service in this market.” (REUTERS/REUTERS)
June 04, 2018 05:00 AM

Fiat Chrysler Automobiles' intention to launch its own U.S. captive finance arm could throw another lender's business into upheaval. Santander Consumer USA, the bank that has backed a large chunk of FCA's auto loans since 2013, risks losing the bulk of its Chrysler portfolio.

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