TOKYO — Japan’s state-owned export credit agency has agreed to give Nissan Motor up to $ 2 billion as part of a credit agreement to help it finance car sales in the U.S. The money should help Nissan sell cars in the world’s second-biggest auto market after China by allowing …
Read More »Expanded auto repair financing options gain traction
Recent research by Cox Automotive’s Xtime found that 63 percent of customers are unable to pay for a $ 500 auto repair out of pocket, and that 29 percent of primary service recommendations and 71 percent of additional work go unsold because of customers’ lack of funds. There have long …
Read More »Jeep's U.S.-style financing a hit in Japan
TOKYO — In a land where American ways don’t always mesh with local consumers, Jeep, the most iconic U.S. brand, has turned to the most iconic of American strategies to fight for market share: It is offering the Japanese deferred payments and leasing deals. Both approaches are virtually unknown in …
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