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GWC Warranty Partners with Tidewater Motor Credit

The year closes for the financial arm of the automotive industry with a new major partnership, signed between GWC Warranty Corporation and Tidewater Motor Credit (TMC). The two companies announced today they had signed an agreement which would expand their businesses.

Tidewater, one of the top companies specializing in Open Chapter 7 Bankruptcy, is present in 25 states, while GWC, acts for the past 15 years vehicle service contracts and related finance and insurance provider. Combined, the two should become a force to be reckoned with in the segment of the industry they occupy.

"Tidewater Motor Credit is excited to partner with GWC Warranty Corporation, a nationally recognized automobile service contract provider. GWC is known for their commitment to automobile dealers and their protection of customers and lenders, which aligns with our strategic vision as we continue to expand in 2011,"
said Paul Bale, director of Marketing for TMC.

Starting January next year, TMC dealers will offer exclusive GWC vehicle service contracts, offering customers financing options for pre-owned vehicles. GWC will also insure the owners and their cars against unpredictable mechanical breakdowns.

"Tidewater and GWC have worked side by side in the retail automotive industry for many years offering great products to dealers and consumers. Our alliance brings those strengths together in one powerful offering," added Chris Barry, vice president for Strategic Alliances for GWC.

"Satisfied consumers return to dealers for their next purchase and servicing. Performing vehicles lead to better performing loans. This is the power of the TMC and GWC alliance."
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About the author: Daniel Patrascu
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Daniel loves writing (or so he claims), and he uses this skill to offer readers a "behind the scenes" look at the automotive industry. He also enjoys talking about space exploration and robots, because in his view the only way forward for humanity is away from this planet, in metal bodies.
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