NEW YORK--(BUSINESS WIRE)--Chase Auto and Jaguar Land Rover North America announced today the renewal of their private label agreement, extending Chase’s role as the private label finance provider for the auto manufacturer.
For the last decade, Chase Auto has been the private label finance provider for Jaguar Land Rover North America, providing customized retail, lease and commercial offerings as well as strategic support to more than 330 retailers in the U.S. Through two distinctive financial brands, Jaguar Financial Group and Land Rover Financial Group, Chase has financed more than 350,000 customers.
“We’re proud to have served Jaguar Land Rover for the past 10 years and are excited to be part of their journey as they continue to grow in the United States,” said Chase Auto CEO Mark O'Donovan. Jaguar Land Rover North America sold 114,333 vehicles last year, up 9% year over year.
“This renewal means that we’ll continue to build together, delivering a world-class ownership experience that is tailored to their iconic brands and distinctive customers,” said O’Donovan.
Chase Auto is the leading provider of private label financing to automotive manufacturers. Dedicated teams support each brand backed by the expertise and scale of the entire JPMorgan Chase franchise.
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Chase serves nearly half of America’s households with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: 5,100 branches, 16,000 ATMs, mobile, online and by phone. For more information, go to Chase.com.