DaimlerChrysler Truck Financial Announces Regionalization Initiative to Improve Service to Dealers, Segments Across the U.S.
April 09 2007 - 6:45AM
PR Newswire (US)
* Sales and Credit departments will be linked across four regions
LISLE, Ill., April 9 /PRNewswire/ -- DaimlerChrysler Truck
Financial today announced a comprehensive regionalization
initiative that will improve service to Freightliner, Sterling and
Western Star dealers and all industry segments across four regions
of the United States encompassing the Eastern, Central, Southern
and Western sections of the country. The four components of this
new initiative operating on a regional basis will be Sales, Fleet
Credit, Dealer Credit and a brand new Small Business Credit
department. Geoff Robinson, Director -- Sales, Marketing and
Remarketing, for DaimlerChrysler Truck Financial, previewed the new
initiative to dealership Finance & Insurance professionals at
the business unit's annual Truck Series business meeting for
Freightliner, Sterling and Western Star dealers. "This approach to
customer service will enable our Sales and Credit people to share
knowledge of regional market conditions which will result in
stronger relationships and consistent communication with our
dealers," Robinson told the dealers. "Moreover, this
straightforward, regional approach to the market further enhances
our dealer and customer value proposition as the dedicated captive
financial services source for Freightliner brands." Robinson said
the newly-formed Small Business Credit team would handle fleets
with fewer than 11 trucks or less than a $500,000 line of credit
with DaimlerChrysler Truck Financial. Fleet Credit will service
fleets with more than 11 trucks or credit lines over $500,000.
Other features of the regionalization of the Sales and Credit teams
will be * credit buyers for specific regions * daily internal
communication between Sales and Credit * team visits to dealerships
to strengthen communication * fuller understanding of dealer
inventory and customers, and * timely feedback "DaimlerChrysler
Truck Financial does a good job of keeping us in the loop on new
initiatives to get our feedback," said Dave Bibler, Finance Manager
for Stoops Freightliner -- Quality Trailer, Inc., an
Indianapolis-based operator of six new truck dealerships in Indiana
and Ohio. "We're very much behind this program because it is a
common sense approach to industry issues. At the end of the day, my
issues in Indiana are different from a single store operator's in
Utah." Bibler, a former banker who has been with Stoops
Freightliner for 16 years, is the chairman of the Finance &
Insurance Dealer Council, a 20-member group of dealers that meets
several times a year and serves as a sounding board for programs
and initiatives in the formative stages at DaimlerChrysler Truck
Financial. Another initiative introduced to the dealership F&I
professionals is called "Express Turn Time," aimed primarily at the
mid-sized truck segment and small business owners who would be
purchasing vehicles such as the recently introduced Sterling Bullet
or the Dodge Sprinter Chassis Cab. "Our goal here is efficiency
with a consumer-like credit turn time of less than one hour for the
"business for hire" fleets which represent approximately 70 percent
of our portfolio," Robinson said. "Our value proposition is to
offer a full range of wholesale and retail programs that support
the products being manufactured by our Freightliner LLC brand
partners and support our dealers and their customers." The
announcement of the Sales and Credit regionalization initiative
comes on the heels of the company's announcement of its entry into
the trucking industry's full service leasing market. Its
comprehensive Sterling Trucks CompleteLease(TM) and Chrysler
Financial CompleteLease(TM) initiatives are aimed at small business
owners in the vocational segment. CompleteLease offers the
convenience of a single-source transportation package for busy
entrepreneurs. It features sturdy, durable vehicles and includes
tailored financing, like an operating lease, maintenance, repair
and other value added time-saving options such as titling,
registration, compliance services and a fuel card. CompleteLease is
designed for customers whose core business focus is in areas such
as the food service and beverage sector, furniture stores, fuel
distribution, plumbing supply, landscaping and contracting. About
DaimlerChrysler Truck Financial DaimlerChrysler Truck Financial, a
business unit of DaimlerChrysler Financial Services Americas,
provides wholesale financing and credit lines to Freightliner,
Sterling, Western Star, and Thomas Built Bus dealers.
DaimlerChrysler Truck Financial offers a broad range of flexible
financing plans for fleet customers, owner/operators, municipal and
vocational customers as well as an extensive selection of dealer
financial services that fully support DaimlerChrysler's commercial
vehicle brands throughout North America. For more information on
DaimlerChrysler Truck Financial visit:
http://www.dctruckfinancial.com/ DATASOURCE: DaimlerChrysler Truck
Financial CONTACT: Jack Ferry, +1-248-427-3124, cell
+1-248-761-3233, , or Amber Gowen, +1-248-427-3126, cell
+1-248-930-6174, , both of DaimlerChrysler Web site:
http://www.dctruckfinancial.com/
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