Wachovia Corp.’s auto finance group will be expanding on the East Coast this year with business centers planned for Raleigh, N.C., Winston-Salem, N.C., and Fort Lauderdale, Fla. A new office in Washington, D.C., opened this month and an office in Austin, Texas, is also planned.
Under the name WFS Financial Inc., the auto-lending subsidiary of Westcorp, the company will provide auto loans to customers through relationships with car dealerships in those markets, reported the Triangle Business Journal in Raleigh.
