NEW YORK — On Tuesday Chase Auto Finance announced the
renewal of its private label auto finance agreement with Jaguar Land Rover
North America.

Officials indicated the deal lasts for an additional five
years. Demonstrating a strong business relationship, Chase Auto Finance
highlighted the new agreement was reached nearly a year before the initial
agreement was scheduled to end. 

Chase Auto Finance has been the private label for Jaguar
Land Rover North America for four years, financing more than 120,000 Jaguar and
Land Rover customers.

An exclusive team at Jaguar Land Rover manages the full
spectrum of retail, lease and floorplan finance needs with a variety of
customized product offerings for more than 300 Jaguar Land Rover dealers
nationwide.

"Chase is proud to continue its strong, long-term
relationship with Jaguar Land Rover North America," Chase Auto Finance chief
executive officer Marc Sheinbaum said. "This new agreement provides Jaguar Land
Rover dealers nationwide a stable, consistent source of funding, products and
servicing from Chase for another five years as they continue to grow their
business."

Jaguar Land Rover North America president Andy Goss added,
"As Jaguar Land Rover retailers in the United States grow their business, we
are pleased to have Chase Auto Finance be a key part of our team providing
financial services for both customers and retailers."

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