CA Auto Finance, the UK subsidiary of CA Auto Bank, has partnered with KGM to launch KGM Financial Services, a joint venture designed to streamline consumer vehicle financing.
The new service offers a wide range of retail and contract hire finance products, value-added services, and wholesale financing options under the KGM Financial Services brand.
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Drivalia, the rental, leasing, and mobility division of the CA Auto Bank Group, will continue to operate under the KGM Leasing brand.
Since their partnership was announced in December 2023, CA Auto Finance and KGM have funded over 1,000 vehicle purchases. The establishment of KGM Financial Services signifies a deepening of their collaboration and a commitment to growth in the vehicle finance sector.
In 2025, the two companies plan to expand the KGM Financial Services brand, providing marketing resources to dealers and partners to boost awareness and reach more customers.
Christian Gorton, Marketing Director at CA Auto Finance, highlighted the importance of the initiative: “We had an exceptional year at CA Auto Finance in 2024, and the launch of KGM Financial Services with our partners at KGM UK offers an exciting start to the new year. We look forward to establishing KGM Financial Services as a unified and recognisable brand for consumers looking to finance their new vehicle purchase.”
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By GlobalDataKevin Griffin, Managing Director at KGM UK, echoed this enthusiasm:
“We are delighted to launch KGM Financial Services in partnership with CA Auto Finance. This joint venture provides customers with the opportunity to obtain retail financing through a trusted company and access strong offers with low deposits, low interest rates, and a variety of products.”
