The coronavirus pandemic is putting strain on Santander Consumer USA’s financing alliance with Fiat Chrysler Automobiles, according to filings with the Securities and Exchange Commission. SCUSA’s ability to meet Chrysler Capital penetration rate goals under its private-label finance agreement with FCA has been “adversely” affected due to the COVID-19 crisis, according to SEC filings. Last […]
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Source : AutoFinanceNews
 (1)_0_0_0_0_0_1_0-100x70.jpeg "UPDATED: KAR to sell ADESA US physical auction business to Carvana for $2.2B")
