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BMW Financial Services

BMW Group Financial Services Offers New Content on Facebook

BMW Group Financial Services now offers specialized content on the Facebook fan pages for BMW Financial Services and MINI Financial Services.

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Ally Financial Largest U.S. Auto Finance Company, Report Finds

Ally Financial seized on a market buoyed by new loan originations to claim the title of largest auto finance company in the United States in 2010, according to the new Auto Finance Big Wheels annual ranking of car lenders and lessors.

BMW Financial Services Uses Silanis’ e-Signature Platform for End-of-Lease Contracts

BMW Financial Services will now capture customers’ signatures on end-of-lease contracts electronically using Silanis Technology’s e-signature platform and the Apple iPad.

Dealer Satisfaction With Lenders Improves, Survey Says

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.

BMW Group Financial Services Names New VP of North America Operations

BMW Group Financial Services has appointed Wayne Orchowski as vice president of North America operations and chief operating officer, effective Sept. 1, 2010.

BMW Dealers Test E-Contracting

Two New Jersey dealers discuss their experience with BMW Financial Services’ new e-contracting solution. The verdict? So far, so good.

BMW Financial Services Partners With Chordiant Software

Chordiant Software Inc. will provide BMW Financial Services with its Chordiant’s Cx Decision Management solution and predictive modeling capability to improve the captive lender's collections management and treatment of delinquent accounts.

Husqvarna Extends Hero Deals Offer Until July 1st

In response to customer and dealer demand, Husqvarna Motorcycles NA extended its Hero Deals 4.99 percent retail sales promotion until July 1, 2009. Hero Deals offers two customer purchase options: 4.99 percent financing backed by BMW Financial Services, or a $1,000 factory cash discount.

First Quarter Snapshot: Captives and Non-Captives Report Lower 1Q Losses

The auto finance industry struggled through the first quarter of this year, but several companies reported lower losses compared to the fourth quarter 2008.

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BMW Group’s Up2Drive.com Teams With Kelley Blue Book

BMW Group Financial Services of North America said last Friday that up2drive.com, its auto financing Website, was selected by Kelley Blue Book as its exclusive online lender for the kbb.com Website.

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