TD Bank Buys Chrysler Financial From Cerberus

Toronto-based TD Bank will purchase Chrysler Financial for $6.3 billion. Despite being named Chrysler Financial, the company is no longer owned by the automaker, but held by former owner and destroyer of worlds — Cerberus. If you do the math, Cerberus paid $7.4 billion for 80% of Chrysler, then easily shed it in the… » 12/21/10 9:30am 12/21/10 9:30am

Chrysler Announces "Shop 'Til You Drive" Promotion, Attempts To Make…

Following the suspension of leasing by Chrysler Financial, Chrysler LLC has announced a new strategy to lower vehicle purchase payments to about the same price point that consumers were accustomed to with leasing. In addition to a model year-end promotion called "Shop 'Til You Drive," Chrysler will be expanding the… » 8/01/08 3:20pm 8/01/08 3:20pm

Chrysler Financial To No Longer Offer Auto Leases... Wait, What?

Yeah, we just heard Chrysler Financial will no longer be offering auto leases. We're just as stunned as everyone else. Hit the jump for the full report and our analysis including what this means for Cerberus-owned GMAC. » 7/25/08 4:00pm 7/25/08 4:00pm

We'd heard Chrysler Financial was having a tough time as of late what with all of those default…

Canadian Man Blames Lost Chrysler Data Tape For Irrational Identity…

A man from the Canadian city-to-the-south-of-Detroit, Windsor, Ontario, is miffed at Chrysler (or more likely Chrysler Financial Canada) for losing a data tape and potentially making the possibility of identity theft happen sooner rather than later. Seems a tape containing the names, addresses and Social Insurance… » 4/24/08 9:40am 4/24/08 9:40am