Chrysler Financial Forms Expanded Alliance with CitiFinancial Auto
Chrysler Financial, a business unit of DaimlerChrysler Financial Services Americas, recently announced an expanded nonprime financing alliance with CitiFinancial Auto.
Farmington Hills, Mich.—Chrysler Financial, a business unit of DaimlerChrysler Financial Services Americas, recently announced an expanded nonprime financing alliance with CitiFinancial Auto.
“Chrysler Financial is delighted to join with CitiFinancial Auto in support of our Chrysler, Jeep and Dodge dealers,” said William F. Jones Jr. vice president at 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.”
“We are proud to have been selected by Chrysler Financial as their exclusive nonprime lender,” said Rajive Chadha, president of CitiFinancial Auto. “We feel the growth potential for our nonprime products is outstanding based upon the value it provides to the dealers and the commitment and support of Chrysler Financial.”
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.
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