Chrysler Financial – News
October 23, 2009
Statement in Response to Special Master Ruling
Farmington Hills, Mich. -- Chrysler Financial is currently reviewing the details of the Special Master's ruling. Therefore, the Company has no detailed comment at this time. As previously reported, the Company continues to liquidate its Chrysler dealer portfolio and to transition the business to GMAC. Chrysler Financial remains focused on continuing to acquire, collect, and service loans to assure repayment of its debt to its lenders and investors while pursuing other business opportunities.
About Chrysler FinancialChrysler Financial offers automotive financial products and services to both dealers and consumers of Chrysler, Jeep® and Dodge vehicles in the U.S., Canada, Mexico and Venezuela. In addition, it offers vehicle retail financing to more than 2,300 Chrysler, Jeep and Dodge dealers. Currently, nearly two million drivers in the United States enjoy the benefits of financing with Chrysler Financial. Chrysler Financial has a total workforce of more than 2,600 and supports a global portfolio of more than $26 billion. For more information, visit corp.chryslerfinancial.com.