Stellantis bought a bank

Stellantis has finalized its purchase of First Investors Financial Services Group and renamed it to Stellantis Financial Services US Corporation.  The move provides Stellantis with a foundation for a full-service captive finance arm, which historically has been more profitable than actually making cars.

David Zatz started what was to become the world’s biggest, most comprehensive Mopar site in 1994 as he pursued a career in organizational research and change. After a chemo-induced break, during which he wrote car books covering Vipers, minivans, and Jeeps, he returned with some friends to create StellPower.com, which is intended to end up as an enduring partnership. Contact him at (973) 925-6058 or check out the new junkyard/slant six book he edited.