Enhanced customer focus sparks flurry of new captives

Three new captives enter the market

Photographer: Daniel Acker/Bloomberg

In what might be a record for the auto finance sector, plans for three new captives were unveiled in the span of six weeks. OEMs Stellantis and General Motors introduced Stellantis Financial Services U.S. Corp. and Cadillac Financial, respectively, while online retailer Vroom announced its intention to establish a captive built on its newly announced […]

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