Melbourne / Adelaide, AUSTRALIA (5 June 2017) – Nissan Financial Services Australia and Mitsubishi  Motors Australia today announced the creation of a new branded Financial Services operation for Mitsubishi in Australia, Mitsubishi Motors Financial Services.

This release follows the announcement today 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. The new services will be available from tomorrow, June 6.

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.

About Nissan Motor Co., Ltd.

Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, Infiniti and Datsun brands. In fiscal year 2016, the company sold 5.63 million vehicles globally, generating revenue of 11.72 trillion yen. Nissan engineers, manufactures and markets the world's best-selling all-electric vehicle in history, the Nissan LEAF. Nissan’s global headquarters in Yokohama, Japan, manages operations in six regions: ASEAN & Oceania; Africa, Middle East & India; China; Europe; Latin America; and North America. Nissan has a global workforce of 247,500 and has been partnered with French manufacturer Renault under the Renault-Nissan Alliance since 1999. In 2016, Nissan acquired a 34% stake in Mitsubishi Motors, which became the third full member of the Alliance – a grouping with combined annual sales of almost 10 million units a year.

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About Mitsubishi Motors Corporation

Mitsubishi Motors is a Japanese automobile company which has a competitive edge in light trucks (pick-up trucks and SUVs) and in the ASEAN region. The company launched the first mass-produced electric vehicle in 2009, which was followed with a plug-in hybrid EV-based SUV in 2013. Mitsubishi, which has 30,000 employees, has a global footprint and has production facilities in Japan, Thailand, China, Indonesia, The Philippines and Russia. Models such as the Pajero Sport, Triton and Outlander play a major role in achieving its growth. Global sales volume in fiscal year 2016 was 926,000 units. Mitsubishi’s net sales for fiscal year 2016 were 1.9 trillion yen.

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