Mexican Media Brands
Mazda Moving to Toyota Financial Services in U.S.
Next spring Mazda Motor Co. will drop JPMorgan Chase for consumer loans and leases and switch to Toyota Financial Services.
#economics
Share
Next spring Mazda Motor Co. will drop JPMorgan Chase for consumer loans and leases and switch to Toyota Financial Services.
Mazda has used JPMorgan for sales financing for a decade. But the carmaker tells Automotive News that Toyota Financial will offer greater automotive experience and more options for its dealers’ customers. The switch will occur on April 1.
AN notes that Toyota and Mazda already collaborate on several programs. Among them are a co-developed electric car platform for Japanese market vehicles, shared production in Mexico and the co-owned assembly plant they are building in Alabama.
RELATED CONTENT
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.