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Chrysler Financial Canada Selects Oxlo to Integrate AutOrigination(TM)

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Old 03-13-2007 | 09:11 PM
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Default Chrysler Financial Canada Selects Oxlo to Integrate AutOrigination(TM)

Chrysler Financial Canada Selects Oxlo to Integrate AutOrigination(TM) to Dealer System Providers

Oxlo Systems Inc., the operator of the leading Dealer Integration Network, and Chrysler Financial Canada announce an agreement for Oxlo to provide integration services for the new STAR compliant, AutOrigination(TM). AutOrigination is Chrysler Financial's contract verification system that electronically submits all documentation necessary for originating an automotive customer contract, expediting vehicle sales with accurate, secure information at the point-of-sale.

"Chrysler Financial's partnership with Oxlo allows us to successfully roll out AutOrigination to our extended Chrysler, Jeep(R) and Dodge dealer service provider
network," said Gino Cozza, Managing Director, Chrysler Financial Canada. "Chrysler Financial will utilize the Oxlo integration network for the management of our real-time, industry leading technology AutOrigination. Our technology ensures a positive dealer experience by virtually eliminating contract errors and significantly increasing customer satisfaction through a much more efficient contract process," added Cozza.

Oxlo will manage dealer system integration, including certification on behalf of Chrysler Financial, as well as manage the on-going network transactions between dealers' systems and Chrysler Financial's system. The capabilities provided by the two companies will streamline the loan origination process by pre-populating contract data fields, enabling dealers to work within the familiar environment of their existing software applications, and electronically submitting the documents over a real-time, secure network.

"We're excited to expand our relationship with Chrysler Financial and continue the momentum of this important program because of the benefits to both dealers and consumers," said Jim Lejeal, CEO of Oxlo. "This is a great opportunity to speed AutOrigination's adoption in the market, driving tighter collaboration between Chrysler and it's point-of-sale," added Lejeal.

About Chrysler Financial Canada

Chrysler Financial, a business unit of DaimlerChrysler Financial Services Canada Inc., offers a complete line of world-class automotive financial products and services for both retailers and consumers of Chrysler, Jeep(R) and Dodge vehicles. In addition, Chrysler Financial offers vehicle wholesale and retail financing, capital loans, mortgages and lines of credit to all 450 Chrysler, Jeep and Dodge retailers. As an industry leader in automotive financing, Chrysler Financial provides its customers with the most innovative and efficient methods of doing business. For more information on Chrysler Financial Canada visit http://www.chryslerfinancial.ca/.

About Oxlo Systems

Oxlo Systems Inc., based in Broomfield, Colorado is the operator of the leading Dealer Integration Network. Oxlo's network streamlines the shared business processes associated with selling, servicing, and financing vehicles by integrating the software applications of dealers and automakers, as well as other dealer partners such as lenders. The Oxlo solution enables tighter collaboration between business partners resulting in superior retail performance. Oxlo's growing network currently includes 5 automakers, 25 dealer system providers representing almost 5,000 dealerships, and a financial network with over 100 lenders.
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