Vehicle Financing

GM Certified Used Vehicles Offers Nationwide GMAC Rate Incentive Financing on Select Models

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DETROIT, 2008-07-01 – GM Certified Used Vehicles, the industry’s top-selling manufacturer-certified used vehicle brand*, today announced a nationwide GMAC rate incentive program on select GM Certified Used Vehicles, including Chevrolet Impala and Chevrolet Malibu models.

2008 Chevrolet Impala2008 Chevrolet Impala

The new rate incentive offer, effective July 1, 2008, through September 30, 2008, provides well-qualified GM Certified Used Vehicles buyers with 2.9% APR financing for terms up to 48 months, or 3.9% APR financing for terms up to 60 months from GMAC Financial Services on 2003-2008 models of Chevrolet Impala and Malibu** vehicles purchased from participating GM Certified Used Vehicles dealers.

Ford Motor Credit Offers Financial Relief to Midwest Flood Victims

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Qualified customers may delay payments

DEARBORN, Mich., June 23, 2008 – Ford Motor Credit Company is offering customers affected by the devastating floods in the Midwest the option to delay some car payments. Ford Motor Credit’s Disaster Relief Program allows qualified customers to delay one or two monthly payments, resuming their regular payment schedules when their situations improve.

"We understand that some of our customers have been affected by the terrible flooding in the Midwest. We hope our Disaster Relief Program will give them one less thing to worry about as they recover and rebuild,” said Mike Bannister, CEO and chairman.

Ford Motor Credit Offers Financial Relief to Tornado Victims in Iowa

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Qualified customers may delay payments

DEARBORN, Mich., May 30, 2008 – Ford Motor Credit Company is offering customers affected by the recent devastating tornadoes in Iowa the option to delay some car payments. Ford Motor Credit’s Disaster Relief Program allows qualified customers to delay one or two monthly payments, resuming their regular payment schedules when their situations improve.

Ford Motor Credit customers who are eligible for the Disaster Relief Program will be sent letters with instructions on how to register. The offer is available to customers who are leasing or have purchased vehicles with financing from Ford Credit, Jaguar Credit, Land Rover Capital, Mazda American Credit, PRIMUS or Volvo Car Finance.

Nissan, Dongfeng Open Auto Finance Company in China

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TOKYO, January 9, 2008 - Nissan Motor Co., Ltd. (NML) and Dongfeng Motor Group Co., Ltd. (DFG) have jointly announced the opening of Dongfeng Nissan Auto Finance Co., Ltd. (DNAF), based in Shanghai.

DNAF will provide new car retail financing for Nissan and Infiniti customers across China, as well as inventory financing for dealers of both brands. DNAF will provide dealership finance services in Shanghai, Beijing and Shenzhen, and expects to extend its services gradually to other major cities in China within two years. Retail financing will be available in major cities including Shanghai, Beijing, Guangzhou, Shenzhen, Wuhan and Hangzhou.

DNAF was officially established in late October 2007 with a staff of 40, following approvals from the China Banking Regulatory Commission (CBRC).

Ford Motor Credit Offers Financial Relief to Flood Victims in Northwest

Qualified customers may delay payments

DEARBORN, Mich., Dec. 12, 2007 – Ford Motor Credit Company is offering customers affected by the flooding and mudslides in Washington and Oregon the opportunity to delay some car payments. Ford Motor Credit’s Disaster Relief Program allows qualified customers to delay one or two monthly payments, resuming their regular payment schedules when their situations improve.

BMW Financial Services Ranks Highest in Luxury Lease Satisfaction in J.D. Power New-Vehicle Consumer Financing Study

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Woodcliff Lake, NJ, December 11, 2007 -- BMW Financial Services of North America, LLC (BMW FS) ranked highest in satisfaction with initial consumer leases for luxury nameplates in the J.D. Power and Associates 2007 Consumer Financing Satisfaction Study released today.

The top ranking in this study marks the first time(*) BMW Financial Services has received the highest ranking in this important segment and reflects a 47 index point increase that takes it from seventh to first place. BMW Financial Services is the first financing provider to attain top ranking in both Retail Leasing Satisfaction in the J.D. Power and Associates Dealer Financing Satisfaction and Luxury Lease Satisfaction in the Consumer Financing studies in the same year.

Nissan Motor Acceptance Corporation Recognized by Industry Leaders

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Nissan's Financial Services Company Awarded for Leadership in eLeasing

NASHVILLE, Tenn., Oct. 16 /PRNewswire - FirstCall/ -- Nissan Motor Acceptance Corporation's (NMAC) pioneering efforts in eLeasing were recognized this evening through the Auto Finance Excellence Award presented during this year's Auto Finance Summit Awards ceremony in Las Vegas.

"Perseverance is the key word when considering Nissan Motor Acceptance Corporation's eLeasing initiative," said J.J. Hornblass, chairman, Auto Finance Summit. "NMAC has been more than just at the forefront of the industry's technology. It has been an evangelist for moving forward, for trying to reinvent the status quo."

In Response to Intensifying Competition, Automotive Finance Providers are Exploring Full-Spectrum and Direct Lending Initiatives

J.D. Power and Associates Reports: BMW Financial Services Ranks Highest in Satisfying Dealers for Retail Leasing; Mercedes-Benz Financial Ranks Highest in Prime Retail Credit and Floor Planning Satisfaction



WESTLAKE VILLAGE, Calif., Aug. 24 /PRNewswire/ -- As competition in the auto finance market intensifies, many lenders are deploying full-spectrum strategies, which consists of lenders servicing both prime and sub-prime customers, to increase volume and market share and to improve service to their dealers, according to the J.D. Power and Associates 2007 Dealer Financing Satisfaction Study(SM) released today.

The study finds that many prime finance providers are making the transition to the sub-prime market, with 57 percent of dealers utilizing traditionally prime lenders for sub-prime customers. Conversely, only 33 percent of dealers report using traditional sub-prime lender services for their prime customers.

NADAguides.com, CarLoan.com Form Exclusive Vehicle Financing Partnership

COSTA MESA, Calif, Aug. 15 /PRNewswire/ -- NADAguides.com, a leading vehicle pricing and information website and Carloan.com, the Internet's top-rated online car loan service, today announced an exclusive vehicle financing partnership. Carloan.com is now the premier new and used vehicle financing provider for millions of online car buyers at the NADAguides.com website.

With this service, new and used car buyers have the ability to secure a car loan quickly and easily at NADAguides.com by submitting a free, one-minute online car loan application. Depending on the customer's credit, this application is immediately routed to a qualified lender or to one of hundreds of accredited automotive retailers in the Carloan.com network. In addition to Carloan.com's broad range of professionally accredited lending partners and car dealers who specialize in top-notch customer service, the Carloan.com application process is completely secure and confidential, with stringent customer privacy and protection safeguards.

DaimlerChrysler Financial Services Expands Call Center Operations to Serve Hispanic Customers in Mexico, United States

- Spanish Americas Contact Center Highlights Commitment to Customer Service Excellence
- Automotive Finance Company Invests in Growing Hispanic Market in the United States

MONTERREY, Mexico, June 4 /PRNewswire-FirstCall/ -- DaimlerChrysler Financial Services expanded operations of its newly-established Spanish Americas Contact Center (SACC) in Monterrey, Mexico, to include Hispanic customers in both Mexico and the United States, the company announced today. The step highlighted the growing importance of Spanish-speaking customers to the automotive and automotive finance industries.

DaimlerChrysler Financial Services recently opened a new, 23,000 square foot facility in Monterrey, Mexico's second-largest city. The customer service center is primarily dedicated to assisting customers of Chrysler, Jeep(R) and Dodge vehicles in Mexico and Spanish-speaking Chrysler Financial customers in the United States. The center anticipates an annual volume of approximately two million phone calls from and to Spanish-speaking customers in Mexico and the United States.

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