Koelliker UK Limited, the distributor of Chinese
manufacturer SsangYong’s vehicles in the UK, has appointed
Siemens Motor Contracts (SMC) as sole provider of finance to
business customers for its 30 dealerships nationwide.
SMC will provide finance solutions for SsangYong’s business user
customers, ranging from “sole traders to fleets of many
hundreds of vehicles”, the financier said.
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Peter Austin, the newly-appointed general manager for SMC (click
here for more details), believed this partnership to be promising:
“We believe that with our finance, the SsangYong range will prove
popular with fleet managers and business users alike.”
This confidence was shared by Ian Nicholson, operations and
finance director for Koelliker, who lauded Siemens’ online contract
hire quotation tool – to which SsangYong dealers will have
exclusive access – as “light years ahead of the rest of the vehicle
leasing industry”.
Milan-based Koelliker already imports SsangYong vehicles to
Italy, Austria and Hungary, as well as distributing Kia, Hyundai
and Mitsubishi vehicles in Italy.
SMC too has experience with Kia, the other UK car marque for
which it has been appointed as corporate finance partner.
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By GlobalDataBank of Scotland, meanwhile, provides motor finance for
SsangYong’s non-business user customers.
Motor Finance Issue: 45 – July 08
Published for the web: July 3 08 17:13
Last Updated: July 7 08 12:57
