Chrysler Financial Forges Expanded Alliance With CitiFinancial Auto
04 Octobre 2006 - 6:49PM
PR Newswire (US)
FARMINGTON HILLS, Mich., Oct. 4 /PRNewswire-FirstCall/ -- Chrysler
Financial, a business unit of DaimlerChrysler Financial Services
Americas, announced an expanded non-prime financing alliance with
CitiFinancial Auto. "Chrysler Financial is delighted to join with
CitiFinancial Auto in support of our Chrysler, Jeep(R) and Dodge
dealers," said William F. Jones Jr., Vice President - Chrysler
Financial. "Through an agreement with CitiFinancial Auto, Chrysler
Financial brings an additional finance source into Chrysler Group
dealerships, supporting our fundamental value proposition of
providing competitive financing products enabling dealers to sell
more cars and trucks." "This alliance leverages the
industry-leading systems, programs and relationships that currently
exist between Chrysler Financial and its dealers, for example
Electronic Fund Transfer (EFT), Electronic Lease Vehicle Inventory
System (E.L.V.I.S.), RouteOne and AutOrigination(TM)," said Steve
Luyckx, Senior Manager Credit Strategies. "Additionally, this
unique approach to the non-prime market merges the benefits of
doing business with a captive finance company and the benefits of
doing business with an automotive non-prime lending expert." "We
are proud to have been selected by Chrysler Financial as their
exclusive non-prime lender. We feel the growth potential for our
non-prime product is outstanding based upon the value it provides
to the dealers and the commitment and support of Chrysler
Financial," said Rajive Chadha, President of CitiFinancial Auto.
The Chrysler Financial/CitiFinancial Auto alliance became fully
operational in the beginning of August 2006, servicing more than
4,000 Chrysler, Jeep and Dodge dealerships with an existing
Chrysler Financial finance relationship. About Chrysler Financial
Chrysler Financial offers a complete line of world-class automotive
financial products and services for both dealers and consumers of
Chrysler, Jeep and Dodge vehicles. In addition to offering vehicle
wholesale and retail financing, Chrysler Financial provides fleet
management and lines of credit to Chrysler Group dealers. As an
industry leader in automotive financing, Chrysler Financial
provides its customers with the most innovative and efficient
methods of doing business. For more information on Chrysler
Financial visit http://www.chryslerfinancial.com/. About
CitiFinancial Auto CitiFinancial Auto is a member of Citigroup
(NYSE:C), the leading global financial services company.
CitiFinancial Auto provides automobile financing indirectly through
auto dealerships and directly to consumers across the United
States. Additional information may also be found at
http://www.citifinancialauto.com/. DATASOURCE: DaimlerChrysler
Financial Services CONTACT: Amber Gowen, Chrysler Financial,
+1-248-427-3126 Web site:
http://www.daimlerchryslerfinancialservices.com/na
http://www.chryslerfinancial.com/ http://www.citifinancialauto.com/
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