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.
2 thoughts on “Stellantis bought a bank”
How does this new financing entity compare to the existing Chrysler Capital?
Chrysler Capital is owned by Santander, as I recall. I’m guessing it will ironically replace it.
Comments are closed.