Related News
Financial Arm Suspends Financing
CHRYSLER Financial says it is temporarily suspending financing for Chrysler dealers effective immediately.
The financial arm of Chrysler LLC said that the move is a result of the auto maker's filing for bankruptcy reorganization protection on Thursday.
In its court filings, Chrysler said GMAC Financial Services, the financing arm of General Motors Corp, will become the preferred lender for Chrysler's customers and dealers.
As part of the deal, GMAC will be able to exclusively offer customers that buy Chrysler cars certain discounts.
In January, Chrysler Financial received US$1.5 billion in federal loans to help it weather the economic downturn.
The financial arm of Chrysler LLC said that the move is a result of the auto maker's filing for bankruptcy reorganization protection on Thursday.
In its court filings, Chrysler said GMAC Financial Services, the financing arm of General Motors Corp, will become the preferred lender for Chrysler's customers and dealers.
As part of the deal, GMAC will be able to exclusively offer customers that buy Chrysler cars certain discounts.
In January, Chrysler Financial received US$1.5 billion in federal loans to help it weather the economic downturn.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.