JPMorgan Chase and high-end automaker Maserati North America are partnering in an auto-finance agreement that could help put more of the sleek sedans and sporty SUVs on U.S. streets.
The Italian automaker, which is owned by Fiat Chrysler Automobiles NV, joins existing Chase Auto Finance partners Jaguar Land Rover, Mazda, Subaru and Enterprise Car Sales. At a time when auto sales in the U.S. are chasing all-time highs, it looks as if the bank is prepared to continue expanding its roster of partnerships, according to Jagdeep Dayal, head of Chase Auto Finance's private label business.
"Our private label solutions are tailored to meet the unique needs of each brand," Dayal said. "We'd be honored to partner with additional auto brands to serve their customers' needs."