DaimlerChrysler Services North America Names Eckart Klumpp New Vice President Of Remarketing

- Eckart Klumpp Becomes Vice President - Remarketing - Kelly Mankin Assumes Chief Operating Officer Position at RouteOne

FARMINGTON HILLS, Mich., May 29 -- DaimlerChrysler Services North America LLC announced today it has appointed Eckart Klumpp, Vice President -- Remarketing replacing Kelly Mankin.

In his new position, Klumpp will direct more than 300 people involved in remarketing process disciplines, including pre-termination and post- termination remarketing, Internet and dealer purchase programs and general support staff.

Klumpp, who has thirteen years of experience in DaimlerChrysler AG's corporate auditing department, has most recently been Senior Manager -- Global Sales and Marketing on the Financial Services Audit Team. Klumpp assumes responsibility for managing the remarketing operations in the U.S. for the Mercedes-Benz Credit and Chrysler Financial brands.

"We believe that our remarketing process is the industry benchmark and Mankin has significantly contributed to its success," said Mark Manzo, Vice President -- Customer Service. "While we will miss Kelly's leadership and strategic direction, we can look forward to Eckart's broad experience that dates back to the beginning of the remarketing process created at Mercedes- Benz Credit."

Mankin assumes the role of Chief Operating Officer at RouteOne, a joint venture with DaimlerChrysler Services, Ford Motor Credit Company, General Motors Acceptance and Toyota Financial Services Corporation. In this role, Mankin is responsible for managing all sales, marketing, communications and operation related functions for RouteOne.

About DaimlerChrysler Services North America LLC

DaimlerChrysler Services North America LLC provides brand-specific financing for automotive dealers' inventories and their retail consumers and does business as Chrysler Financial and Mercedes-Benz Credit. As DaimlerChrysler Services Truck Finance it also finances commercial vehicles for affiliate products such as Freightliner, Sterling and Western Star. The company serves as the headquarters for the operations in the United States, Canada and Mexico and has over 5,000 employees who manage a portfolio of $82 billion with nearly five million contracts. DaimlerChrysler Services North America is a member of the DaimlerChrysler Services Group, headquartered in Berlin, Germany which operates in 39 countries with an employee base exceeding 10,000 and a global portfolio of EUR 109 billion. DaimlerChrysler Services is one of the leading financial services companies worldwide.