More information is available at
http://www.

cacc dealers

"Bay View's
wide product spectrum complements our current array of finance sources and
demonstrates our commitment to provide our dealer customers with a
comprehensive selection of respected finance sources," he added.
"The decision to join RouteOne was an easy one," said John Moody, Bay View
Dealer Center Manager.

lending acceptance

* Ford Motor Credit will start offering auto financing in China at the
beginning of the third quarter after receiving final approval to
commence business operations."
The approval came at the end of a multi-stage process that lasted more
than a year.
It will invest more as its business needs grow .

Bay View Acceptance Corporation Joins RouteOne System

lending credit

com/investorcenter . By combining
resources and leveraging industry expertise, the RouteOne solution represents
a quantum leap for dealership F+I offices. FARMINGTON HILLS, Mich."

About RouteOne
RouteOne was formed in 2002 to create a more streamlined credit
application process for automobile dealers and their customers .

marketers credit

For more information on Chrysler
Financial visit http://www.

Includes automotive lending, insurance , and credit companies and the companies that support them.

retains investors

Ford Motor Credit Company is one of the world's largest automotive finance
companies and has supported the sale of Ford products since 1959.fordcredit.com and
at Ford Motor Credit's investor center,
http://www. Leading the Charge in Dealer-Focused Technology

FARMINGTON HILLS, Mich.

About Chrysler Financial
Chrysler Financial offers a complete line of world-class automotive
financial products and services for both dealers and consumers of Chrysler,
Jeep(R) and Dodge vehicles. RouteOne provides dealers unprecedented access to finance sources by
combining the unique advantages of the major captive systems with access to
other finance sources.

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"We appreciate the confidence that Chinese authorities have shown in us by
approving our business plans," said John Noone, president of International
Operations at Ford Motor Credit. Since both RouteOne and Bay View partner with APPRO
Systems, technical connectivity is quick and cost-efficient. Automotive dealers and their finance
sources can exchange credit application and credit decisions in near real-time
using RouteOne's web-based network.

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About RouteOne
RouteOne, the joint venture formed by DaimlerChrysler Financial Services,
Ford Motor Credit , General Motors Acceptance Corporation, and Toyota Financial
Services, was created in 2002 as an enhancement to DaimlerChrysler Financial
Services' proprietary ACE system. Bay View is the most recent finance source to take advantage of
RouteOne's technical integration with APPRO Systems.
"We're excited to add Bay View Acceptance to our growing list of
participating finance sources ," said Mike Jurecki, RouteOne CEO.com .

dealers purchases

Chrysler Financial Deploys RouteOne Across Entire Dealer Network

Chrysler Financial has also seamlessly incorporated technology
enhancements that provide quick access to important customer, vehicle and
contract information. RouteOne is a Web based credit aggregation
management product designed to increase efficiencies in the automotive
financing process for dealers , finance sources and customers.

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Currently, more than 18,000 dealerships are enrolled on the system ,
which is free to dealers, and open to franchised and independent vehicle
dealers.

buying receivables

* It will support the sale of Ford vehicles by offering wholesale loans
to dealers. More information can be found at http://www.

dealers manheim

"China is a growing market that is an integral part of Ford Motor
Company's global strategy," said Jack Hu, President of Ford Automotive Finance
(China ) Limited (FAFC), the name under which Ford Motor Credit will do
business in China.
FAFC will support the sale of Ford Motor Company vehicles manufactured in
China as well as those imported into the country."
In addition to easy-to-use custom reporting to effectively manage, track
and report daily F+I operations in the dealership, RouteOne has the most up-
to-date Chrysler, Jeep and Dodge incentive programs and customer payoff and
history information to support sales of those customers shopping for a new
Chrysler, Jeep or Dodge vehicle in the dealership. California-based Bay View Acceptance provides
lending services to more than 7,000 franchised automobile dealers in 32
states .routeone.

financing dealers

With more
than 16,000 employees, Ford Motor Credit operates in 37 countries and manages
$165 billion in receivables. RouteOne technology was designed to
provide dealership F+I departments with a single-point-of-entry to submit
customer credit applications to Chrysler Financial and other financial
institutions.
Bay View Acceptance Corporation provides franchised and independent auto
dealers with retail contract products.

credit lending

SHANGHAI, China, Ford Motor Credit
Company received final approval to commence business operations in China and
expects to begin providing auto financing in the country at the beginning of
the third quarter.chryslerfinancial. For well qualified borrowers, Bay
View's product array includes extended term and 100 percent financing for any
year, make, or model vehicle.

retains interstate

The final phase required Ford Motor Credit to hire personnel and
set up processes for review by Chinese regulators. "We plan to
establish a solid foundation on which to build our long-term operations.
RouteOne, a joint venture created in early 2002 by DaimlerChrysler
Services, Ford Motor Credit Company, General Motors Acceptance Corporation,
and Toyota Financial Services, allows dealers to submit credit applications
and receive decisions from multiple finance sources, all from a single
desktop.

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"At Chrysler Financial, there is never a best technology, only a better
one," said Kelly Mankin, Vice President - Chrysler Brands Marketing for
DaimlerChrysler Financial Services. In addition to offering vehicle wholesale and
retail financing, Chrysler Financial provides fleet management and lines of
credit to Chrysler Group dealers . As an industry leader in automotive
financing, Chrysler Financial provides its customers with the most innovative
and efficient methods of doing business. "We were able to reach our current and potential
customer pool through RouteOne's expansive dealer network with minimal
development time .

interstate credit

In addition, it will pilot consumer installment loans in
select markets. It provides automotive financing for Ford,
Lincoln, Mercury, Aston Martin, Jaguar, Land Rover, Mazda and Volvo dealers
and customers. RouteOne offers dealers a common
platform for submitting credit application information to the multiple finance
sources with which they do business.

buying substandard

"We hope to continue to work with the
authorities in the future as they develop rules governing the finance
industry. In the meantime , it plans to pilot
consumer installment loans in select markets. Ford Motor Credit is an indirect , wholly owned
subsidiary of Ford Motor Company.

originated automobile

"We intend to help Ford Motor Company enhance its presence
in China by supporting the sale of Ford vehicles.
With the completion of the national rollout, ACE via RouteOne will take
the place of the current ACE system.

istn credit

"
FAFC will initially concentrate on financing the dealer vehicle inventory
needs of the Ford dealers in China. With this credit
source aggregation system, all Chrysler, Jeep(R) and Dodge dealers will see
significant efficiency improvement in their finance and insurance (F+I)
office, resulting in improved vehicle sales potential and improved customer
satisfaction.

About Bay View Acceptance Corp. Bay View has historically positioned itself
in the market as a premium priced lender for well-qualified borrowers seeking
extended-term financing and/or higher advance rates than those generally
offered by traditional lenders.

automobile originated

"
In addition to Ford Motor Company's $1 billion investment, Ford Motor
Credit has made a $60 million -- or RMB 500 million -- investment in China.

contracts retains

"We have taken a prudent course in China," said Mike Bannister, chairman
and chief executive officer of Ford Motor Credit Company.com .

investors financing

Although initially FAFC
will offer vehicle inventory wholesale loans for Ford brand dealers, it will
subsequently expand financing to dealers of other Ford Motor Company brands
including Volvo, Land Rover and Jaguar.

, RouteOne LLC announced
today that Bay View Acceptance Corporation is now participating on its credit
application management system.

administers nasdaq

fordcredit . ACE featuring RouteOne combines high
value point-of-sale features exclusive to Chrysler Financial with powerful
management tools to streamline F+I operations and a credit aggregation system
with access to a large and rapidly growing number of finance sources. Recently, BVAC has begun leveraging this
established reputation with its dealers to broaden its array of auto financing
programs available to prime credit quality borrowers.

franchised interstate

Ford Motor Credit Receives Final Approval to Enter China Auto Finance Market

, Chrysler
Financial announced today the completion of its national rollout of the
automated credit evaluation system ACE featuring RouteOne. Jointly owned
by DaimlerChrysler Services, Ford Motor Credit Company, General Motors
Acceptance Corporation, and Toyota Financial Services, RouteOne also provides
a single point of access for dealer credit applications to some of the largest
auto lenders and banks in North America.
Bay View Acceptance Corporation is a Southern California -based auto
finance company engaged in the indirect financing of automobile purchases by
individuals . BVAC purchases auto contracts from approximately 7,000
automobile dealers in 32 states.