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FINANCE COMPANY OF THE YEAR
Voting for Captive and Non-Captive Finance Company of the Year will continue through Monday, August 25.
Be sure to vote for the company in each category that best serves your dealership!
You may only vote once for each category. Sponsored by
1. "Captive" Finance Company
American Suzuki Financial Services
American Suzuki Financial Services offers a variety of convenient financing plans and competitive rates through franchised Suzuki dealers in the U.S. ASFS represents the next step in expanded finance programs to assist in the purchase of customers' next Suzuki new car or SUV.
Audi
VW Credit Inc. (VCI), a wholly owned subsidiary of Volkswagen of America Inc. (VWoA), was founded in 1981 to function as the financial service arm of VWoA and is affiliated with Audi of America Inc. VCI services Audi customers, authorized automotive dealers and their affiliated stores as Audi Financial Services. The company provides competitive financial products and services to dealers and their customers in the United States and Canada.
BMW Financial Services
BMW Financial Services was established in 1993 to support the U.S. sales and marketing efforts of BMW of North America by offering a wide range of leasing, retail, and wholesale financing services to BMW customers. With total assets in excess of $24 billion, BMW FS is a leader in innovation and customer service in the automotive industry. BMW FS offers customers a variety of financing options for any of BMW's new or pre-owned cars, motorcycles or SAV's. The company provides competitive financial products and services to dealers and their customers throughout the United States including retail leasing, retail financing, and balloon financing, along with wholesale financing for new and used vehicles. BMW FS is one of 26 worldwide subsidiaries of the Financial Services Division of BMW AG, headquartered in Munich, Germany.
Chrysler Financial
Chrysler Financial, which was founded in Detroit in 1964 as the Chrysler Credit Corporation and Car City Insurance, offers automotive financial products and services to both dealers and consumers of Chrysler, Jeep and Dodge vehicles in the U.S., Canada, Mexico, Puerto Rico and Venezuela. Chrysler Financial supports a global portfolio of $70 billion. Nearly three million drivers enjoy the benefits of leasing or financing with Chrysler Financial, which offers vehicle wholesale and retail financing to more than 3,500 Chrysler, Jeep and Dodge dealers.
Ford Credit
Ford Motor Credit Company is an indirect, wholly owned subsidiary of Ford Motor Company and provides automotive financing for Ford, Lincoln, Mercury, Jaguar, Land Rover, Volvo and Mazda vehicles. Since 1959, Ford Credit has worked with dealerships to put more than 50 million people behind the wheels of Ford, Lincoln and Mercury vehicles. Ford Credit operates in 36 countries and manages approximately $149 billion (US dollars) in receivables.
GMAC
GMAC Financial Services is a diversified, global financial services company that operates in approximately 40 countries in automotive finance, real estate finance, insurance and commercial finance businesses. Founded in 1919 as a wholly owned subsidiary of General Motors Corp., GMAC was established to meet the financing needs of GM dealers and customers. The company offers wholesale and retail automotive financing services. Franchised GM dealers and their customers comprise the majority of GMAC's automotive business, but the company has begun to diversify its portfolio to other dealer franchises. GMAC was established as a wholly owned subsidiary by General Motors Corporation (GM) in 1919, and currently operates in approximately 40 countries. In November 2006, GM sold a 51 percent controlling interest in GMAC to a consortium of investors led by Cerberus Capital Management, L.P.
Honda Financial Services
Honda Financial Services helps to satisfy the financing needs of consumers of Honda and Acura automobiles, sport utility vehicles and minivans, Honda and Acura parts and accessories, Honda motorcycles, Honda power equipment and other vehicles. Honda Financial Services offers financing in the form of both retail installment sales contracts and leases. The American Honda Finance Corporation began offering retail leasing for Honda and Acura motor vehicles in California in 1990, and since 1992, retail financing and retail leasing of motor vehicles have comprised the largest segment of its business.
Hyundai Motor Finance Co.
Since opening its doors in 1989, Hyundai Motor Finance Co. has sustained tremendous growth. As a full service auto finance company, Hyundai Motor Finance serves Hyundai dealers nationwide with consumer vehicle financing, as well as dealer inventory and facility financing.
Jaguar Credit
Jaguar Credit offers competitive rates, innovative products, flexible terms and outstanding customer service to those in need of automotive financing. Jaguar Credit works with Jaguar dealers to make financing easy. Its services are designed for customer satisfaction. Whether purchasing or leasing a new Jaguar, most arrangements may be made from the convenience of the Jaguar dealership.
Land Rover Capital Group
Land Rover Capital Group offers outstanding automotive financing with competitive rates, innovative products, flexible terms, and excellent customer service. Before driving away, customers can finance a vehicle right from the retailer's showroom. Land Rover Capital Group provides retailers with the latest in financing options and offers. Land Rover Capital Group is a brand of Ford Motor Credit Company, a subsidiary of Ford Motor Company.
Lexus Financial Services
Established in the early 1980s and launched in 1989, the Lexus marque soon became associated with quality, luxury and superior customer satisfaction. The brand reputation grew quickly until, barely a dozen years after its founding, Lexus became America's best-selling line of luxury motor vehicles. Lexus and its affiliated companies employ more than 31,000 in the United States, and Lexus and Toyota dealers and suppliers employ an additional 160,000 persons.
Mazda American Credit
Mazda American Credit is a full-service automotive resource providing a comprehensive range of services for automobile dealers and their customers. The company also provides financing and leasing solutions for business and commercial fleet customers. Mazda American Credit is a brand of Ford Motor Credit Company, which is an indirect, wholly owned subsidiary of Ford Motor Company. Ford Motor Credit provides automotive financing for Ford, Lincoln, Mercury, Jaguar, Volvo, and Land Rover.
Mercedes-Benz Credit
Mercedes-Benz Financial provides financing for Mercedes-Benz dealers' inventories and their more than 380,000 retail customers. Mercedes-Benz Financial is part of the Daimler Financial Services AG, which is part of the Daimler Group headquartered in Berlin, Germany. The company operates in nearly 40 countries and has a global portfolio of approximately $75 billion. Farmington Hills, Michigan, serves as the headquarters for operations in the Americas region, which manage a portfolio of nearly $32 billion.
Mitsubishi Motors Credit of America
Established in 1991, Mitsubishi Motors Credit of America Inc. is Mitsubishi Motors' North American captive finance subsidiary with a portfolio of consumer loans and leases and dealer loans.
Nissan Motor Acceptance Corp.
Nissan Motor Acceptance Corp. purchases retail installment obligations from dealers in connection with new and used vehicles for financing arrangement. NMAC also provides financing to dealers for the acquisition of vehicles for sale, working capital and dealership mortgage.
Toyota Financial Services
Since it was established in 1983, Toyota Financial Services has grown into a company with managed assets in excess of $65 billion. The company provides retail and wholesale financing, retail leasing, vehicle protection plans and other financial services to authorized Toyota, Lexus and Scion dealers, Toyota forklift and Hino dealers, as well as Toyota Material Handling, U.S.A. dealers, affiliates, and their customers in the U.S. (excluding Hawaii). TFS is part of the worldwide financial services operations for Toyota Financial Services Corporation (TFSC), which is a wholly-owned subsidiary of Toyota Motor Corporation (TMC) in Japan.
Volvo Car Finance North America
Volvo Car Finance North America offers lease and finance programs to Volvo customers through the Volvo retailer network. Retailers' commercial needs are met through Volvo Car Finance's new and pre-owned inventory financing, capital loans and real estate financing. Volvo Car Finance is a brand of Ford Motor Credit Company, which is a subsidiary of Ford Motor Company.
VW Credit Inc.
VW Credit Inc. (VCI), a wholly owned subsidiary of Volkswagen of America Inc. (VWoA), was founded in 1981 as the financial service arm of VWoA and is affiliated with Audi of America Inc. VCI, a captive finance company, services Volkswagen, Audi and Bentley retail customers and as Volkswagen Credit, Audi Financial Services, and Bentley Financial Services. The company provides competitive financial products and services to dealers and their customers throughout the United States including retail leasing, retail financing, and balloon financing, along with wholesale financing for new and used vehicles.






2. "Non-Captive" Finance Company
AmeriCredit Corp
AmeriCredit Corp. is a leading independent auto finance company. Using its branch network and strategic alliances with auto groups and banks, the company purchases retail installment contracts entered into by auto dealers with consumers who are typically unable to obtain financing from traditional sources. AmeriCredit has approximately one million customers and $15 billion in managed auto receivables. The company was founded in 1992 and is headquartered in Fort Worth, Texas.
AmSouth Bank
AmSouth Bank, a part of the Alabama-based Regions Financial Corporation, is a leader among regional banks in the Southeast because its relationships with its customers are at the heart of everything it does. The Regions Financial Corporation is one of the Top 10 bank holding companies in the United States with approximately $140 billion in assets and nearly $100 billion in deposits.
AmTrust Auto Finance
AmTrust Bank was founded in 1889, and is one of the fastest growing financial institutions in America. AmTrust has grown from a local savings and loan with one office to a nationally recognized leader in retail banking, with branch offices in Florida, Ohio and Arizona. AmTrust Bank offers customized checking, investment and small business services. It is among the top 20 largest mortgage lenders in the United States, with more than $17 billion in assets.
Bank of America Auto Group
For over 70 years, Bank of America Auto Group has been one of the largest bank providers of commercial and retail financing in the United States. Bank of America has relationships with more than 10,000 dealer clients and manages over $40 billion in consumer and commercial loans through Dealer Financial Services. Services include comprehensive inventory financing, commercial loans, depository services, and merchant and treasury management services. Bank of America provides retail loan financing and the full range of commercial banking services to dealers in the automobile, recreational vehicle, marine, and motorcycle industries.
Bay View Acceptance Corp.
Since 1973, Bay View Acceptance Corp. has provided franchised and independent automobile dealers with retail contract products that feature extended term and 100-percent financing for any year, make or model vehicle. In May 2006, the company became a wholly-owned subsidiary of AmeriCredit Corp. Today, it continues to offer dealers in almost all 50 states the opportunity to hold the gross profit on payment buyers with its extended terms, close the no-down payment buyer, and the flexibility to satisfy almost any buyer's financing requirements, all while enhancing earnings with its participation plans.
Capital One Auto Finance
Headquartered in Plano, Texas, Capital One Auto Finance Inc. is a full-credit spectrum auto lender which offers a wide-range of auto finance products. Capital One Auto Finance is the nation's third largest independent auto lender, as well as the nation's largest direct mail and online vehicle financing provider with managed loans of $23.4 billion. Capital One Auto Finance has a nationwide dealer network of over 18,000 dealers, and is a subsidiary of Capital One Financial Corporation.
Chase Auto Finance
Chase manages a portfolio of $44.7 billion in loans with more than 15,000 auto dealerships. In addition to prime auto lending, Chase operates a Custom Finance division with 36 business centers across the country. Its Dealer Commercial Services division offers treasury management services, real estate financing and other banking services to automobile dealers. Parent company JPMorgan Chase & Co. is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries.
CitiFinancial Auto
Whether applying for an auto loan online via the phone or through a dealer, CitiFinancial Auto delivers vehicle financing and refinancing to customers of various backgrounds. Citi, the leading global financial services company has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.
Citizens Automobile Finance
Citizens Financial Group, Inc. is a $160 billion commercial bank holding company. Its two bank subsidiaries are RBS Citizens, N.A. and Citizens Bank of Pennsylvania. They operate a 13-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, and the Charter One brand in Illinois, Indiana, Michigan and Ohio. CFG has non-branch retail and commercial offices in about 40 states. It is one of the 10 largest commercial banking companies in the United States ranked by assets and deposits.
CUDL
CUDL (CU Direct Corporation) is the leading provider of indirect lending and point-of-sale services for the credit union industry and creator of the Credit Union Direct Lending (CUDL) program. As a credit union-owned service organization, it develops custom applications, training and marketing programs to help participating credit unions serve their members' auto buying needs. CUDL does this by providing technology solutions that allow credit union members and consumers to receive credit union financing at their local auto dealerships. CUDL's network connects over 600 credit unions with over 9,000 dealerships in 48 states.
Fifth Third Bank
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The company has $111 billion in assets, and operates 18 affiliates throughout the United States. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and has $212 billion in assets under care of which it managed $31 billion for individuals, corporations and non-profit organizations.
HSBC Auto Finance
HSBC Auto Finance is a leading provider of auto loans for new and used vehicles and auto loan refinance with products that serve the full spectrum of credit consumers. For consumers, it refinances auto loans through direct solicitations, the Internet and alliances. For dealers, it purchases consumer contracts from thousands of car dealers nationwide. HSBC also services auto loans for other HSBC companies, including HFC and Beneficial branches. HSBC was established in 1865 and is one of the largest banking and financial services organizations in the world with $1.2 trillion in assets, and serving more than 110 million customers.
Long Beach Acceptance Corp.
Long Beach Acceptance Corp. is an indirect lender that buys, sells, and services automotive loans (for buyers with better-than-average credit) written by franchised dealers. LBAC is headquartered in New Jersey and has a regional office in California. It conducts business in about 35 states and has a serviced portfolio of more than $1.5 billion. AmeriCredit bought LBAC from ACC Capital Holdings for nearly $283 million in 2007.
M&T Bank
M&T Bank was founded more than 150 years ago in Western New York, where it is still headquartered. Its parent company, M&T Bank Corporation, has over $65 billion in assets and is one of the 20 largest commercial bank holding companies headquartered in the U.S. M&T Bank is recognized for its financial strength and sound management.
SunTrust
SunTrust Banks Inc. is one of the nation's largest and strongest financial holding companies with total assets of $179.0 billion. Through its banking subsidiaries, the company provides deposit, credit, trust, and investment services to a broad range of retail, business, and institutional clients. Other subsidiaries provide mortgage banking, brokerage, investment management, equipment leasing, and capital market services.
Triad Financial
Triad Financial Corporation was founded in 1989 and today is a leader in the non-prime automobile financing industry with more than 1,200 employees, relationships with about 5,000 automobile dealers and 300,000 borrower-customers nationwide and the financial strength of approximately $3.8 billion in managed receivables. Triad is headquartered in North Richland Hills, Texas, with a regional office in Huntington Beach, California.
U.S. Bancorp
U.S. Bancorp has $247 billion in assets, and is the parent company of U.S. Bank, the 6th largest commercial bank in the United States. The company operates 2,542 banking offices and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.
Wachovia Corp.
Wachovia Corporation is one of the nation's largest diversified financial services companies, with $808.9 billion in assets. The company offers full financial services through offices in 21 states. Other nationwide businesses include investment banking products and services in selected corporate and institutional sectors globally, mortgage lending, student lending, and auto dealer finance. Globally, international correspondent services and trade finance, as well as corporate and investment banking in selected sectors are provided through more than 40 international offices.
Wells Fargo Auto Finance, Inc.
Wells Fargo Auto Finance is a leading nationwide automotive financier with a combined portfolio of loans and leases totaling nearly $14 billion in assets. The company offers a broad array of credit products, and delivers auto finance plans to fit customer needs. Its online auto loan application process is fast, convenient, and secure. Wells Fargo is a diversified financial services company with $349 billion in assets.
WFS Financial
In 1973, WFS Financial, a subsidiary of Westcorp was formed in 1988 out of the auto loan department of Western Financial Bank, which provides credit for loan purchases. In 2006, Westcorp and WFS Financial merged with Wachovia to form the ninth largest auto finance lender in the competitive U.S. auto finance market. The merger provided Wachovia with a small retail and commercial banking presence in southern California.
World Omni Financial Corp.
World Omni Financial Corp. is a diversified financial services company, headquartered in Deerfield Beach, Fla. World Omni provides a broad range of financial products and services to consumers, dealers, and lenders. World Omni has maintained its Standard & Poor's Strong auto servicer rating as a consumer finance, automobile loan and lease servicer, since 2004. World Omni's primary businesses include Southeast Toyota Finance, CenterOne Financial Services, DataScan Technologies, DataScan Field Services, and Monetrics.


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