Santander Consumer in Talks About Future of Chrysler Capital

By Staff Writer June 05, 2018

Santander Consumer USA Holdings Inc. is in exploratory discussions with FCA US LLC after FCA expressed its desire to establish a captive U.S. auto finance unit in the future.

FCA indicated that acquiring Chrysler Capital is one option it will consider.

The Chrysler Capital brand operates under a private label financing agreement between SC and FCA, which is in year six of a 10-year term. Under the equity option agreement, FCA has the right to purchase, at fair value, an equity participation in the Chrysler Capital portion of the company's business.

Last modified on Tuesday, 05 June 2018 13:11

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