JPMORGAN CHASE NEW YORK, NY- September 25, 2014 - Eight auto auctions from across the U.S. garnered awards yesterday as Chase Auto Finance announced its '2014 Chase Cup for Auction Excellence' winners. The awards were handed out during the National Auto Auction Association's annual convention in Boston, Massachusetts.
The 16th annual Chase Cup award recognizes auto auctions across the country for their exceptional performance in retention, operational efficiency, expense control, accuracy, sales and service delivery. Chase reviewed the performance of 31 of the nation's best auto auctions with which Chase does business from August 2013 through July 2014. The review examined data measuring how well the auctions handled preparation, sales, invoice processing, transport requests, title processing and other capabilities.
"Chase Auto Finance congratulates these auto auctions for their outstanding performance and significant contributions to the used vehicle industry," said Sandra Broderick, senior vice president and operations executive for Chase Auto Finance. "The Chase Cup celebrates auctions with a strong commitment to exceptional customer service, high-performing financial results and operational excellence."
ADESA Lexington was named the winner of the Best National Auction Performance, in addition to being recognized for delivering the best regional performance in the Southeast.
Manheim Orlando was awarded the Douglas F. Wininger Memorial Award for Best National Performance Service Delivery, an award that recognizes outstanding service in measurable areas such as transportation management, sales, invoicing and other operational measures.
Manheim Seattle received a number of national and regional honors, including best performance in the West and best national performance in Mazda and Subaru sales.
Chase also recognized other auctions for top performance:
- Best National Jaguar Sales - Manheim Dallas
- Best National Land Rover Sales - Manheim Riverside
- Best Regional Performance, Northeastern - Manheim Pittsburgh
- Best Regional Performance, Midwestern - Columbus Fair Auto Auction
- Best Regional Performance, Central - Manheim Denver
About Chase Auto Finance
Chase Auto Finance, a division of JPMorgan Chase Bank, N.A. (JPMC), is one of the leading bank providers of auto financing in the country. With a portfolio of nearly $59 billion in assets and relationships with more than 75 percent of all U.S. franchised automotive dealers, Chase Auto Finance provides a broad spectrum of products to meet the full range of credit needs of their customers. Chase Auto Finance purchases auto loans and leases from a national network of automotive dealers as well as making auto loans directly to consumers through various Chase channels. In addition, Chase Auto Finance provides commercial loans to auto dealers throughout the U.S. and maintains a reputation for delivering high-quality services as well as a long-term commitment to auto dealers and the overall auto industry.chase.com/auto-loans.
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