Wachovia takes bigger role in auto finance.(Finance & insurance)(Dawn Martin speaks on WFS Financial Inc.'s merger)(Interview)

Automotive News, May, 2006 by Kachadourian, Gail

Byline: Gail Kachadourian

The recent merger of two financial-services companies - Wachovia Corp. and Westcorp - included the combination of Wachovia's auto finance business with WFS Financial Inc., Westcorp's vehicle-lending subsidiary. Executives of the combined company say it will offer a broader range of dealer floorplanning, online services and consumer loans. It ranks among the five largest bank-owned auto finance companies in the United States.

Dawn Martin, 46, who was chief information officer of WFS Financial, became COO of Wachovia's auto finance business in March. She spoke with Staff Reporter Gail Kachadourian about her new duties.

How has Wachovia's auto finance loan portfolio changed after the merger?

From a portfolio...

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