Santander ends partnership with Stellantis in US car loan business

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Link Securities | Banco Santander (SAN) has ended its partnership with Stellantis (STLAM-IT) in the US car loan business, which had been in place for more than a decade, according to Expansión newspaper.

The bank and the automotive group have agreed to terminate the agreement they signed twelve years ago, three months ahead of schedule, which was due to expire in December. Santander and Stellantis remain partners in Europe.

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