Chrysler has seen some writedowns on lease values

Newswire

DETROIT, July 25 (Reuters) - Chrysler has absorbed higher than expected write-downs on the value of leases from its financing arm, but the issue has not become a problem yet, executives said on Friday on a conference call. Chrysler announced on Friday that its Chrysler Financial financing arm would stop offering leasing options to consumers on Aug. 1. However, the automaker will offer dealers incentives to subsidize consumer leasing programs elsewhere. Chrysler anticipates that some ...

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