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 Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
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.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future