Mercedes-Benz Financial Names Horacio Trujillo as Head of Remarketing
Mercedes-Benz Financial (MBF) promoted Horacio Trujillo to be the head of remarketing, effective Sept.1.
Mercedes-Benz Financial (MBF) promoted Horacio Trujillo to be the head of remarketing, effective Sept.1.
Lenders who are successful in satisfying automotive dealers by meeting key performance expectations are more likely to capture a greater share of preferred loan applications from their dealer network, according to the J.D. Power and Associates 2010 U.S. Dealer Financing Satisfaction Study.
Group 1 Automotive Inc., a Fortune 500 automotive retailer, announced today that Mercedes-Benz Financial has signed on as a partner to its existing $1.35 billion revolving credit facility that expires in March 2012. Mercedes-Benz Financial replaces BNP Paribas in the syndicated facility.
Mercedes-Benz Financial is now taking its mobile strategy to the showroom floor by putting the Apple iPad into the hands of its dealers and giving them mobile access to its proprietary point-of-sale dealer system called MB Advantage.
Mercedes-Benz Financial is enhancing its lease vehicle turn-in process, called First Class Finish, by providing new software for its dealers hand-held Dynamic PDA (personal data assistant).
Mercedes-Benz Financial unveiled eValidate, a full contract data validation system that integrates with the dealer management system (DMS) and is designed to perform over 100 validations on worksheets, agreements and contracts.
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