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Ford Credit’s Falotico Named Chair of AFSA Vehicle Finance Division

WASHINGTON, January 30, 2014… Joy Falotico, Executive Vice President, Marketing, Sales and the Americas, Ford Motor Credit Company, was installed as chair of the American Financial Services Association (AFSA) Vehicle Finance Division Board at the conclusion of the division’s 18th annual conference and exposition in New Orleans. 
In this role, Falotico will oversee the division’s initiatives and chair the 2015 Vehicle Finance Conference & Expo, January 20-22, 2015, in San Francisco. More than 800 individuals belong to the division, which recently commissioned a study on indirect auto lending.
Falotico is responsible for Ford Credit marketing and sales globally, and business operations in North and South America. She joined the company in 1989 and has diverse experience in all facets of automotive retailing operations.
Previously, Falotico was executive vice president of Ford Credit North America, responsible for the company’s business in the U.S. and Canada, its largest regional operation. She has served as vice president of U.S. Sales Operations and as vice president of Global Marketing. Before that, Falotico had pan-European responsibility for customer and dealer service operations and risk management for Ford Credit Europe.
Falotico holds bachelor’s and master’s degrees in business administration from Truman State University and DePaul University, respectively.
She also serves on the AFSA Board of Directors and Executive Committee.
Members of AFSA’s Vehicle Finance Division include captive vehicle finance companies; diversified financial services companies providing financing and leasing to all makes and models; finance companies specializing in prime, near-prime, and subprime auto finance; and suppliers to the industry. Through the division, member companies exchange information and find solutions to common problems, stay abreast of important developments and take coordinated action when necessary. 
Ford Motor Credit Company (www.fordcredit.com and www.lincolnafs.com.) is the global financial services subsidiary of Ford Motor Company. Established in 1959, Ford Credit provides financing, insurance and related services to dealers and customers in support of Ford vehicle sales. Its primary brands are Ford Credit and Lincoln Automotive Financial Services. 
Based in Washington, D.C., AFSA (www.afsaonline.org) is the national trade association for the consumer credit industry, protecting access to credit and consumer choice. Its 350 members include consumer and commercial finance companies, vehicle finance/leasing companies, mortgage lenders, credit card issuers, industrial banks and industry suppliers.

Media Contact:
Karen Klugh

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