Automakers like Ford and General Motors benefited from falling interest rates after the financial crisis, as consumers snapped up vehicles using cheap loans. Now, borrowing costs are going up.
Global central bankers have taken the world of global finance down a perilous path.
The case was brought against Santander by four Maryland residents who defaulted on car loans.
European stocks rose Thursday while London fell as a general election and the latest ECB decision took centre stage for investors.