Dealership Finance Firm Expands

BMO Harris announced that its dealership finance team is expanding into Virginia with the hiring of Jeff Carmines as director, commercial dealership finance, BMO Harris Bank.

Carmines will focus primarily on business development in the Greater Washington Area, Maryland and Virginia, although he will also have responsibilities for the surrounding states as well.

The BMO Harris Dealership Finance team already has offices in Chicago, Milwaukee, Minneapolis, Tampa, Indianapolis, Kansas City, St. Louis, Joliet and Crown Point, and has plans to continue to expand into new markets. BMO Harris' parent company, BMO Financial Group, has been actively serving the financial needs of auto dealers for the last 35 years.

Carmines has a banking career that spans 28 years with 24 of those years managing automobile dealer relationships. Most recently he spent 12 years at SunTrust Bank, where he was responsible for the growth and management of a large portfolio of auto dealerships in the Greater Washington area of Maryland and Virginia. Previously, he managed a national auto dealer portfolio for JM Family Enterprises.

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Chrysler Expands Certification

Chrysler Group LLC announced the launch of Diversified Certified, a new program that enables Chrysler Group dealers to certify and sell competitive-make, pre-owned vehicles backed with a Chrysler Group warranty.

The 140 Fiat stores now open in the United States are the first to launch the Diversified Certified program. Chrysler, Jeep, Dodge and Ram Truck dealers will join the program in about 60 days.

Consumers looking for the security that a certified pre-owned vehicle offers now need only look to Chrysler Group dealerships and Fiat stores for the widest selection and one-stop shopping.
All competitive-make pre-owned vehicles will be subjected to a thorough certification process and come with a 5-year/60,000-mile maximum care (full mechanical) warranty from original in-service date, as well as Certified Pre-Owned program benefits such as towing, roadside assistance and more.

Vehicles eligible for the Diversified Certified program will have less than 48,000 miles on the odometer and will be a 2008 model or newer.

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