CFPB May Sue Banks Over Auto Loans and Markups, Sources Say
At least four banks have been told by the Consumer Financial Protection Bureau that they may be sued over seemingly ...
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Many Top Lenders Not Using Twitter to Promote Finance Products
Last week, we looked at how the nation's largest auto lenders were using Facebook to promote themselves. This week, we're ...
Santander In Line to Become Chrysler’s Primary Financier
Chrysler Group and Banco Santander SA are in exclusive talks for the lender’s U.S. unit to become the auto manufacturer’s ...
Wells Fargo Strikes Financing Deal with GM, Challenging Ally
The agreement between General Motors and Wells Fargo to provide financing through Chevrolet, Buick, GMC and Cadillac dealers and customers ...
Chrysler Will Let Ally Relationship Expire Next Year
Chrysler is calling it "preferred" quits with Ally Financial -- a year from now. Late last night, Chrysler announced it ...
Ally May Sell Auto Unit, Sources Say
As an initial public offering remains bleak and the U.S. government seeks to recoup some $17 billion in bailout money, Ally ...
Report: Chrysler Mulls Captive Comeback
Is Chrysler looking to structure its own captive again? Just this week, we heard about Volvo's announcement to form Volvo Car ...
S&P Downgrades 37 Financial Firms
Banco Santander, Bank of America, JPMorgan Chase, and Wells Fargo ― whose auto finance units rank among the largest in ...
