Nissan Motor Co. Ltd. and Mitsubishi Motors Corporation announced the launch of a branded sales finance operation for Mitsubishi in Australia, New Zealand and Canada.

The newly established services will exclusively use Mitsubishi Motors Financial Services as the brand interface to retail customers and will be available from June in Australia and New Zealand, and from July in Canada.

Mitsubishi Motors Financial Services will provide attractive and competitive financing options for customers, making it easier to buy a Mitsubishi. With this initiative the company hopes that the new financing arm will attract more buyers, encourage loyalty among customers and provide additional support to dealers.

Koji Ikeya, Mitsubishi Motors’ Chief Financial Officer, said:
“We will win customers’ loyalty with competitive rates and a broader range of financing options, and create a branded service experience. ” 

Rakesh Kochhar, Senior Vice President of Global Treasury and Sales Finance at Nissan, said:
“Nissan’s new partnership with Mitsubishi Motors will enable us to help more customers buy their vehicles. We are committed to providing best-in-class services to our customers and dealers. It will generate more business, drive costs down, and increase our portfolio base.”

Nissan and Mitsubishi Motors are studying further collaboration to extend Nissan’s financing offerings to other international markets, generating more synergies.