Nissan Motor Co., Ltd.: Corporate Communications Dept. We intend to draw on the experience and expertise which we have gained in the auto financing business in other markets to provide Australian dealerships with world class services and products, including our efficient loan approval process and distinctive customer management program.” Nissan Finance Corporation has been well managed and holds promise for considerable growth in the future. “This represents an important acquisition for GE Capital Australia. “NFC has been financing Australian dealers requirements and their customers for over 24 years and I see the purchase of NFC by GE Capital as an exciting opportunity to further expand the company to also provide considerable career opportunities for our many talented staff.”ĭavid Moffatt, CEO of GE Capital Australia and New Zealand: Henley, Managing Director of Nissan Finance Corporation Ltd.: GE Capital is well reputed for its wealth of experience and expertise in this business field, which I am sure will benefit sales of Nissan vehicles.” should questions arise as you peruse our website and drop by when you're ready to. “I am pleased that we have formed a cooperative relationship with one of the world’s strongest automobile financing companies. From learning more about your car's trade-in value to applying for Nissan financing or checking out model information over on our research pages, there's a multitude of online resources our dealership has made available Contact North Strand Nissan, Inc. Daphne, Managing Director of Nissan Motor Co., (Australia): By leaving sales financing in Australia in the hands of GE Capital, which is renowned for abundant global experience, I expect financial services to our customers and dealerships will improve further, and in turn help boost sales there.” One of the strategies under the plan calls for ‘strengthening international competitiveness by exploring potential business tie-ups with other companies on a global level.’ The agreement is in line with this reform plan and is a part of the plan’s implementation. “Nissan has set forth a policy of ‘Focusing Resources on Selected Areas’ in its global business reform plan. Kanemitsu Anraku, Managing Director of Nissan Motor Co., Ltd.: This equity sale will enable Nissan to provide even better financial services to its customers and dealerships through GE Capital. and the brand name will remain unchanged for some time to come. While the sale of the shareholdings will be completed on September 30, the company name of Nissan Finance Corporation Ltd. This move should pave the way for establishing a long-term close business relationship between Nissan and GE Capital Australia in the auto financing business in order to cooperate in promoting sales of Nissan vehicles. (76.65% owned by Nissan and 23.35% by Nissan Motor Co. announced today that Nissan has come to an agreement to sell the shareholdings in Nissan Finance Corporation Ltd. Establishing a long-term close business relationship - The first of these updated models are now arrivingin dealerships, and although the brand says that it has increased its deposit contribution to £1,000 for those who buy using Nissan Finance, there has been a price increase across the range. Nissan to sell its Auto Financing Business in Australia to GE Capital SUPPLEMENTAL NISSAN NEWS From: CORPORATE COMMUNICATIONS
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