LOS ANGELES -- Toyota's captive finance company, Toyota Financial Services, has joined the Big 3's online credit joint venture called RouteOne.
The venture was formed in January to develop a system that lets dealers improve their handling of credit applications. It will debut in 2003.
Toyota has taken a 10 percent equity stake in RouteOne. Each of the Big 3 automakers holds a 30 percent share. Toyota did not disclose its investment.