Coach Industries Group, Inc. Selects Portfolio Financial Servicing Company

COOPER CITY, Fla.--Dec. 1, 20054, 2005--Coach Financial Services ("CFS"), a wholly owned subsidiary of Coach Industries Group, Inc. ("Coach") (OTCBB:CIGI) announced their selection of Portfolio Financial Servicing Company ("PFSC") as their provider for all back-office servicing functions related to their portfolio of commercial leases and loans.

"We are very pleased to have been selected by CFS as their servicing partner. With CFS's experience in the luxury limousine and specialty vehicle market, we believe there is significant opportunity for our companies to leverage our core competencies to create a valuable tool for CFS's manufacturing arm," said Jerry Hudspeth, President and CEO of PFSC.

Francis O'Donnell, Chairman and Chief Executive Officer of CFS commented, "Partnering with PFSC to provide the back-office functionality and expertise allows CIGI to focus on simplifying the lives of our commercial fleet operators through the delivery of financial services, while we continue to effectively manage costs and overhead. PFSC's resources, infrastructure and experience will help our company to offer `best in class' financial products to our clients and dealers more efficiently."

About Coach Financial Services Commercial Credit Group

CFS is a wholly owned subsidiary of Coach Industries Group, Inc., with its headquarter in Cooper City, Florida. Coach Industries Group, Inc. (OTCBB:CIGI) ("Coach"), is a holding company focused on providing financial services and the manufacturing of luxury limousine and specialty vehicles to Commercial Fleet Operators.

For more information on the Company please visit Coach's web site located at http://www.cigi.cc

About Portfolio Financial Servicing Company

PFSC is the largest independent commercial lease and loan-servicing company in the U.S. and is headquartered in Portland, Oregon. PFSC provides primary/master servicing, backup/successor servicing, and consulting for leasing portfolios. PFSC currently has over $15.0 billion in assets under management. More information can be found at http://www.pfsc.com.

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.