The captive finance arm of the Big Three U.S. auto makers – General Motors Corp., Ford Motor Co. and DaimlerChrysler AG – have named their credit joint venture "Route One." The JV is aimed at streamlining the financing and approval process, says a Route One official. DaimlerChrysler Services, Ford Motor Credit Co. and General Motors Acceptance Corp. (GMAC) formed the JV earlier this year and have named John Gibson, executive vice president of GMAC North American Operations, as Route One’s ...
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