GMAC to provide financing for Saab dealers and customers

Posted on 15. Mar, 2010 by in 2010-2019

Saab History has just received this press release from GMAC.

GMAC to provide financing for Saab dealers and customers

* GMAC chosen as financial services provider to Saab Automobile
* Preferred source of wholesale and retail financing for dealers and customers

Trollhättan. Following its successful launch as an independent company, Saab Automobile announced today that it has selected GMAC Financial Services as the preferred provider of wholesale and retail financial services for qualified Saab dealers and customers in many different countries around the world.

Jan Åke Jonsson, CEO of Saab Automobile AB said: “Today’s announcement is excellent news for the Saab organization as a whole and also for Saab’s customers. It not only makes available competitive financing, but also provides valuable continuity for the dealer network which already uses GMAC services.”

Bill Muir, GMAC President said: “We are delighted to be able to build on our strong relationships with Saab dealers and customers, and we look forward to working with Saab as it begins a new chapter in its history.”

Contacts:
Saab Automobile Press Office
Tel: +46 (0)520 279797

Tony Sapienza
GMAC North American Automotive Finance Operations Communications
Tel: +1 313-656-5005
tony.sapienza@gmacfs.com

Susanne Gehrling
GMAC International Automotive Finance Operations Communications
Tel: +49 6142 604 566

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7 Responses to “GMAC to provide financing for Saab dealers and customers”

  1. Steve G

    15. Mar, 2010

    Ryan, Any word on leasing availability?

    Reply to this comment
  2. Ryan

    15. Mar, 2010

    Steve,

    Critical question, thanks for asking. Nothing mentioned about leasing returning publicly at this time.

    Here’s hoping leasing returns.

    R

    Reply to this comment
  3. sarah

    15. Mar, 2010

    Any news on floorplan financing for dealers?

    Reply to this comment
  4. Tony Sapienza

    15. Mar, 2010

    Steve,

    GMAC’s agreement with Saab is limited to dealer wholesale financing and retail purchase financing for consumers.

    While we may consider leasing in some markets in the future, we have no announcements at this time.

    Sarah: We’re pleased to continue wholesale financing for the majority of the 500 dealers globally that we have relationships with and would welcome the opportunity to discuss wholesale financing with Saab dealers that we do not currently finance.

    Reply to this comment
  5. Kurt W. Krauss

    15. Mar, 2010

    This is good news. But when even Chevrolet is leasing as well as every mainstream European manufacturer, so must Saab if it hopes to move inventory.I am concerned that without leasing,folks will simply pass Saab by and migrate to other brands that offer it.

    Reply to this comment
  6. MarcB

    15. Mar, 2010

    Regarding leasing, I received a letter from my dealer in the Chicago area that says “… Saab Cars North America has confirmed that once again leasing will be available across all Saab model lines!”

    FYI

    Reply to this comment
  7. Ryan

    16. Mar, 2010

    @Tony,

    Thank you

    @Kurt

    I know, SCNA needs to publicly announce leasing availability

    @MarcB

    Even though your dealer sent something to you, they need to do a national press release about this stating that leasing is available for all vehicles.

    Reply to this comment

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