Chrysler Financial Forges Expanded Alliance With CitiFinancial Auto

    FARMINGTON HILLS, Mich., Oct. 4 /PRNewswire-FirstCall/ -- Chrysler
Financial, a business unit of DaimlerChrysler Financial Services Americas,
announced an expanded non-prime financing alliance with CitiFinancial Auto.
   "Chrysler Financial is delighted to join with CitiFinancial Auto in
support of our Chrysler, Jeep(R) and Dodge dealers," said William F. Jones
Jr., Vice President - Chrysler Financial. "Through an agreement with
CitiFinancial Auto, Chrysler Financial brings an additional finance source
into Chrysler Group dealerships, supporting our fundamental value
proposition of providing competitive financing products enabling dealers to
sell more cars and trucks."
   "This alliance leverages the industry-leading systems, programs and
relationships that currently exist between Chrysler Financial and its
dealers, for example Electronic Fund Transfer (EFT), Electronic Lease
Vehicle Inventory System (E.L.V.I.S.), RouteOne and AutOrigination(TM),"
said Steve Luyckx, Senior Manager Credit Strategies. "Additionally, this
unique approach to the non-prime market merges the benefits of doing
business with a captive finance company and the benefits of doing business
with an automotive non-prime lending expert."
   "We are proud to have been selected by Chrysler Financial as their
exclusive non-prime lender. We feel the growth potential for our non-prime
product is outstanding based upon the value it provides to the dealers and
the commitment and support of Chrysler Financial," said Rajive Chadha,
President of CitiFinancial Auto.
   The Chrysler Financial/CitiFinancial Auto alliance became fully
operational in the beginning of August 2006, servicing more than 4,000
Chrysler, Jeep and Dodge dealerships with an existing Chrysler Financial
finance relationship.