Nissan and Mitsubishi join forces to drive financial services businesses in Australia

Nissan Financial Services Australia and Mitsubishi Motors Australia have joined forces to create a new branded Financial Services operation for Mitsubishi in Australia, Mitsubishi Motors Financial Services.

This follows the announcement in Tokyo of the launch of Mitsubishi Motors Financial Services, which will also be available to customers in New Zealand and Canada from June and July respectively.

This latest development will see Nissan Financial Services Australia, under a separate and newly-created Mitsubishi Motors Financial Services banner, take responsibility for the provision of wholesale and retail financial services and products for participating Mitsubishi dealerships across Australia.

Peter Jones, Managing Director of Nissan Financial Services Australia, spoke of the significance of this event.

“This is one of the first major milestones of our new alliance with Mitsubishi,” he said. “Outside of our planned collaborations on technology sharing, common vehicle platforms, and joint plant utilisation, today’s announcement is among the first major non-manufacturing-related developments in the new global alliance between Mitsubishi and Nissan.”

Mitsubishi Motors Australia CEO, Mutsuhiro Oshikiri, commended this first collaboration between the alliance partners.

“This will bring benefits to our participating Mitsubishi Motors Australia dealers and our customers through the provision of competitive branded finance offering,” said Mr Oshikiri.