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Home » Stringent incentive requirements challenge Stellantis dealers 

Stringent incentive requirements challenge Stellantis dealers 

Stellantis Financial Services’ portfolio surpassed $10B in Q2 

Amanda HarrisbyAmanda Harris
September 18, 2024
in Leasing
Reading Time: 7 mins read
0
A truck displayed near an entrance to the Stellantis Warren Stamping Plant in Warren, Michigan, US, on Sunday, May 5, 2024. Roughly 1,000 members of the United Auto Workers (UAW) will vote May 6 on whether to authorize a strike at Warren Stamping Plant north of Detroit. Photographer: Emily Elconin/Bloomberg

Photographer: Emily Elconin/Bloomberg

Tight incentive requirements are making it difficult for Stellantis dealers to push leases despite Stellantis Financial Services’ portfolio growth in the second quarter.  Stellantis NV has pulled back incentive programs to specifically target certain vehicles and consumers already in a Stellantis lease, largely due to the desire to grow Stellantis Financial Services (SFS), Jay Slingerland, […]

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Tags: Auto Dealer Activityauto leasefinance incentivesinventorynew vehicle salesPremiumStellantisStellantis Financial Services
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