DETROIT, April 25 (Reuters) - Chrysler Group LLC will not renew its auto financing pact with Ally Financial Inc as part of the No. 3 U.S. automaker's effort to take better advantage of the growing U.S. auto market, according to a securities filing on Wednesday. The automaker, which is majority-owned by Italian automaker Fiat SpA, is in talks with a number of banks, including Ally, for a broader and more attractive set of financing options. "We are currently pursuing various ways to optimize ...
Premium Content (PAID Subscription Required)
"Chrysler to let Ally Financial deal expire-filing" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.