Leading Full Spectrum Lender Wells Fargo Auto Finance Joins RouteOne

    FARMINGTON HILLS, Mich., Sept. 14 /PRNewswire-FirstCall/ -- Wells Fargo
 Auto Finance and RouteOne LLC announced today that Wells Fargo Auto
 Finance, one of the nation's largest auto finance providers, has joined its
 web-based credit application management system.
     Pennsylvania-based Wells Fargo Auto Finance, an operating unit of Wells
 Fargo & Company, offers a full spectrum of automobile finance and lease
 options. Wells Fargo Auto Finance services more than 1.8 million customers
 and nearly 21,000 automobile dealers. The lender employs more than 5,500
 team members and 380 sales representatives, and includes origination
 centers throughout the United States and Canada.
     "Technology has changed almost every aspect of selling and financing
 automobiles," said Brad Noel, senior vice president and National Sales
 Manager, US and Canada, Wells Fargo Auto Finance. "Our dealer customers
 expect a reliable, quick and seamless application and funding process.
 Participating in RouteOne allows Wells Fargo to participate in a common
 platform used by automobile dealers seeking funding solutions for their
 credit application financing needs. By partnering with RouteOne, Wells
 Fargo Auto Finance continues to demonstrate that providing our dealer
 customers with the financing solutions they require and the servicing they
 expect are reasons Wells Fargo continues to be a leader in full spectrum
 lending."
     "RouteOne is pleased to welcome one of the nation's largest auto
 lenders to our network," said Mike Jurecki, RouteOne CEO. "Wells Fargo Auto
 Finance takes pride in being a full spectrum lender, and Route One is
 equally proud to offer to our dealers a wide range of value-add lenders."
     In addition to providing access to both captive and non-captive finance
 sources through a single portal, RouteOne offers a wide variety of tools to
 assist the dealer in managing their day-to-day business, such as a detailed
 reporting suite, DSP integration, and credit bureau access, all within a
 single desktop application. RouteOne's open integration business model
 allows the dealer to integrate with their choice of a wide variety of
 best-in-class partners, including Dealer Management Systems, CRM systems,
 F& I modules, and menu providers. More information can be found at
 www.routeone.com.
     About RouteOne
     RouteOne was formed in 2002 by DaimlerChrysler Financial Services, Ford
 Motor Credit Company, General Motors Acceptance Corporation, and Toyota
 Financial Services to create a more streamlined credit application for
 automobile dealers and their customers. Providing access to more than
 21,500 dealers in North America, RouteOne's web-based system allows
 automotive dealers to submit credit applications to the largest indirect
 lenders, request credit reports, and increase profitability with RouteOne's
 free Dealer Reporting Suite. RouteOne's open integration business model
 also allows the dealer to integrate with their choice of a wide variety
 best in class partners, including DSPs, CRM systems, F& I modules and menu
 providers. RouteOne offers dealers a common platform for all their credit
 application financing needs. More information is available at
 www.routeone.com.
     About Wells Fargo Auto Finance
     Wells Fargo Auto Finance, Inc., an operating unit of Wells Fargo &
 Company, is one of the nation's largest auto finance providers and offers a
 full spectrum of automobile finance and lease options. Headquartered in
 Chester, Pennsylvania, Wells Fargo Auto Finance services more than 1.8
 million customers and nearly 21,000 automobile dealers. Wells Fargo Auto
 Finance has over 5,500 team members, over 380 sales representatives, and
 origination centers throughout the United States and Canada. More
 information about Wells Fargo Auto Finance is available at
 www.WellsFargoAutoFinance.com.
     CONTACT: Suzi Straffon
              RouteOne
              248.862.7074
 
 

SOURCE RouteOne