RouteOne Announces One Million Applications Processed in May

FARMINGTON HILLS, Mich., June 2 -- RouteOne LLC, a leading credit application management system designed by dealers for dealers, announced today that it has processed one million credit applications in the month of May, and projects application volume to continue to trend upward.

"Successfully processing one million applications in a month is an important validation of our system and its efficiency," said Mike Jurecki, RouteOne CEO. "Since the beginning of the year, our monthly application volume has increased by over 50 percent. This is a clear indication that our customers are taking advantage of our system's ability to help them streamline their F&I processes. As we continue to add finance sources and increase investment in our technology, we expect an even faster acceleration of application throughput."

RouteOne, a collaborative effort by DaimlerChrysler Financial Services, Ford Motor Credit Company, GMAC, and Toyota Financial Services, is the only system providing direct access to the top four captive lenders and their 10 affiliates, in addition to more than 50 other independent lenders, all within a single desktop.

Since its formation in 2002, RouteOne has enrolled 21,500 dealerships. RouteOne connects dealers to 70 percent of the lending volume of the top 25 U.S. indirect lenders, and access to all captive and non-captive finance sources.

About RouteOne

RouteOne was formed in 2002 by DaimlerChrysler Financial Services, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web- based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at http://www.routeone.com/ .