Dodge finance arm launched

March 1, 2004
DaimlerChrysler has established a new finance group for the U.S. market aimed at providing Chrysler Group dealers with custom finance packages for commercial customers. A pilot program begun last year at 29 Dodge dealers, Business Vehicle Finance, has been rolled out to more than 400 Chrysler, Jeep and Dodge dealers . Shifting our commercial business to this newly created credit team takes us a step

DaimlerChrysler has established a new finance group for the U.S. market aimed at providing Chrysler Group dealers with custom finance packages for commercial customers.

A pilot program begun last year at 29 Dodge dealers, “Business Vehicle Finance,” has been rolled out to more than 400 Chrysler, Jeep and Dodge dealers .

“Shifting our commercial business to this newly created credit team takes us a step beyond the day-to-day financial processes by providing commercial customers with a dedicated team that understands the complex needs and sophisticated financing requirements of commercial borrowers,” said Klaus Entenmann, vp-Chrysler Financial.

The Business Vehicle Finance team will help Chrysler Group dealers, who sell vehicles to commercial customers, by providing them with more expertise when considering the customer's business type, cash flow, balance sheets and tax liability.

The team also will help dealers to structure fleet financing packages, including establishing credit lines for commercial and municipal customers and adjust financing to support cash flow and balance sheets, company officials said.
www.daimlerchrysler.com

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!