MBFS Announces Use of DealerTrack for Credit Application Processing
FARMINGTON HILLS and LAKE SUCCESS - Mercedes-Benz Financial Services USA LLC and DealerTrack announced that MBFS will become a lender on the DealerTrack credit application network used by 350 Mercedes-Benz dealers in the United States, beginning in March.
This builds upon the relationship established in early 2011 when DealerTrack's Aftermarket network was chosen as the technology platform supporting the sales of Mercedes-Benz Financial Services' exclusive line of vehicle protection products sold by Mercedes-Benz dealers.
The DealerTrack credit application network allows dealers to electronically submit credit application data to the industry's most diverse network of banks, independent finance companies, captives, and credit unions.
The DealerTrack credit application network, which has grown from five lenders in 2001 to more than 1,100 lenders today, continues to expand and remains the automotive retail market's largest finance network.
"DealerTrack is positioned to support Mercedes-Benz Financial Services' leadership role as the primary lender of choice for Mercedes-Benz dealers across the United States," said Dietmar Exler, vice president, Mercedes-Benz Financial Services.
"Mercedes-Benz dealers will now experience a more efficient and integrated F&I workflow that leverages our aftermarket and industry-leading credit application networks, all while connecting with their captive lender," said Robert Granados, vice president and general manager, Sales and F&I Solutions, DealerTrack.
"This partnership shows how the DealerTrack network and solutions can be an integral part of a total end-to-end workflow for dealers nationwide."
In addition to its credit application and aftermarket networks, DealerTrack will be demonstrating its new mobile apps for its credit application network and for vehicle inventory management and merchandising, as well as its DMS offering and popular Compliance solution, in the DealerTrack Booth at the upcoming NADA Convention and Expo, in Las Vegas, February 4th — 6th, 2012.
More Industry

RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →
Missed Maintenance Creates Opportunity
As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.
Read More →
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Selling to Grow
The question of whether you should sell your agency and if so, when, is up to you. But it’s a question worth asking to ensure you keep the business on the right path for yourself, employees and clients.
Read More →
Recalled Vehicles Hit 5-Year High
Though the number of events has fallen so far this year, impacted units are up significantly. Meanwhile, regulators consider consumer notification changes.
Read More →
Auto Group Acquires Top-Performing Rooftop
Car Pros sold its Kia Huntington Beach location to Sutherlin Automotive Group, marking the buyer’s third location in Southern California.
Read More →
China as Pacesetter
Automotive leaders huddled on where North America stands in the global picture and how it can strengthen its position against the Asian juggernaut’s surging industry.
Read More →
BMW Concept Car Makes Fuel to Burn
The prototype developed in concert with a South Carolina university engineering team generates more solar energy than it uses in a typical daily commute.
Read More →
South Carolina Auto Group Downsizes
Florida-based group Holler-Classic has acquired four rooftops, its first in South Carolina, from Dick Smith Automotive Group.
Read More →