United States Auto Club, Motoring Division, Inc., a subsidiary of Associates First Capital Corporation , announced Tuesday it has acquired all membership contracts of the Exxon Travel Club and the right to offer services under the Exxon Travel Club name. The transaction closed on March 30, 1999. Terms were not disclosed.
The Associates auto club operation has administered a range of auto club management services to Exxon Travel Club since 1979. “We have enjoyed a long history with Exxon and are proud to move our relationship to the next logical step. USAC/MD is proud that Exxon Travel Club would entrust its members to our service and care,” said John Hunter, president of USAC/MD.
“This agreement builds on our existing relationship with USAC/MD,” said Exxon Travel Club President Don Taylor. “Exxon Travel Club members will continue to experience the very best auto club services. And USAC/MD plans to broaden the offerings, providing more benefits to ETC members,” he added.
Exxon Travel Club, Inc., based in Houston, Texas, is a subsidiary of Exxon Corporation, based in Irving, Texas. The Exxon Travel Club is a full-service auto club with more than 198,000 members nationwide.
Formed in 1968, United States Auto Club, Motoring Division, Inc. is one of the nation’s largest providers of auto club services and emergency roadside assistance. The Associates auto club operation serves more than 12 million households.
Associates First Capital Corporation, established in 1918, is a leading diversified finance company providing consumer and commercial finance, leasing, insurance and related services worldwide. The Associates has operations in the United States and 15 international markets. Headquartered in Dallas, it is one of the nation’s 100 largest companies, based on total market capitalization. For more information, visit The Associates Web site at [www.theassociates.com].