Close Motor Finance has agreed a deal to supply finance to
Malaysian manufacturer Proton’s car sales in the UK.
Close aims to extend its work with 7,000 dealer partners to
Proton’s 70 dealerships throughout the UK as the carmaker unveils
five new products over the next two years.
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Chris Reid, manufacturer development director at Close said the
deal “demonstrates our desire to become a key player in the
manufacturer market, with both the appetite to lend and
infrastructure in place to manage large volumes.”
Proton, celebrating its 20th year in the UK, sold
only 446 units in the UK during 2011, a drop of approximately
two-fifths on its sales total from 2010.
richard.brown@vrlfinancialnews.com
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