CA Auto Finance and KGM UK launch ‘KGM Financial Services’ to offer seamless vehicle financing experience
- The progression of the multi-year partnership between CA Auto Finance and KGM UK aims to provide consumers with an KGM branded financing experience to enhance the customer journey.
- CA Auto Finance will continue to support KGM UK with a comprehensive range of finance plans and value-added products, empowering customers with flexible financing options and innovative solutions.
London, 15 January 2025
CA Auto Finance, the UK subsidiary of CA Auto Bank, and KGM have deepened ties to launch ‘KGM Financial Services’, offering consumers a seamless vehicle financing experience through an extensive catalogue of retail and contract hire finance products, value added products, and wholesale financing under the brand.
Drivalia which is the rental, leasing and mobility company of the CA Auto Bank Group, will continue to provide its services using the KGM Leasing brand.
After funding more than 1,000 vehicle purchases since the partnership between CA Auto Finance and KGM was announced in December 2023, the launch of KGM Financial Services represents a further strengthening of ties between the two companies.
CA Auto Finance and KGM UK will aim to grow the KGM Financial Services brand in 2025, providing dealers and partners with marketing collateral to promote its services to customers.
Christian Gorton, Marketing Director at CA Auto Finance, said: “We had an exceptional year at CA Auto Finance in 2024 and the launch of KGM Financial Services with our partners at KGM UK offers an exciting start to the new year as we seek to grow the brand’s presence and awareness in the UK market. We look forward to working with the KGM UK team to establish KGM Financial Services as a unified and recognisable brand for consumers looking to finance their new vehicle purchase.”
Kevin Griffin, UK Managing Director at KGM UK, said: “We are delighted to launch KGM Financial Services in partnership with CA Auto Finance. This joint venture provides customers with the opportunity to obtain retail financing through a trusted company, and gives access to strong offers with low deposits, low interest rates and a host of products.”
To find out more about CA Auto Finance, visit https://www.ca-autofinance.co.uk
Notes to Editors:
For more information, please contact: caautofinance@webershandwick.com
CA Auto Bank S.p.A.
CA Auto Bank is a universal bank, wholly owned by Crédit Agricole Personal Finance & Mobility, which operates as an independent and multi-brand player in the vehicle financing and leasing and in the mobility sector. CA Auto Bank provides a complete range of credit and rental solutions and insurance services. Loan, lease and rental and mobility financing products provided by CA Auto Bank are specifically designed for the sale networks, for private customers and corporate fleets. CA Auto Bank has a presence in 18 European countries (Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Norway, Netherlands, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom) and in Morocco, directly or through branches, with a total of over 2,600 employees.
Its rental and mobility company Drivalia, entered in the Register of CA Auto Bank Banking Group, provides a full range of mobility solutions, from electric car sharing to innovative car subscriptions and rental for all durations. Drivalia deals with mobility in all its facets, providing innovative mobility plans that combine flexibility, digital use, on-demand approach and sustainability. In June 2019, the company launched the Mobility Stores, physical outlets where customers can access all of the company’s mobility services. With the opening of the first totally electrified Mobility Store in Torino Caselle airport in 2020, followed by many others, Drivalia has become a key operator also in sustainable mobility. In fact, thanks to the over 1,800 charging stations installed in all the Stores, Drivalia has Italy’s largest private electrified network. In 2025, the electrification project will continue also in the European countries in which Drivalia operates.
For more information:
KGM UK
MADE IN KOREA
KGM Global (formerly SsangYong Motor Company) is a Korean car manufacturer specialising in 4x4s, SUVs, MPVs and pick-up trucks. Initially established in 1954, the company produced trucks, busses, and special purpose vehicles for the export market, establishing the strong and reliable DNA of its products on the market today. The headquarters for KG Mobility is in the Gangnam district of Korea’s capital, Seoul, and its principal vehicle manufacturing plant is currently at Pyungtaek, which has the capacity and latest technology to produce 240,000 cars a year. The company has invested in a new factory, in the same area, which is has been developed specifically for to accommodate the production of pure-electric vehicles.
KGM Motors UK distribution rights were acquired by Bassadone Automotive Group in 2011. Operating as KGM UK Motors Limited, as the official importer and distributor of KGM vehicles, parts, and accessories. KGM UK Limited has undergone dramatic transformation over recent years with the implementation of a new management team and a new growth strategy with a firm focus on the expansion of an evenly spread dealer network to 80-strong in 2024. Its proposition offers UK customers a full range of SUV’s and pick-ups with generous specifications, each with value for money prices.
KGM Motors UK Limited
Online press office visit: https://kgm-motors.media
Vanessa Cox Director of Communications
E: vanessa.cox@kgm-motors.co.uk T: 07535 875997
Toby Noakes Communications Executive
E: toby.noakes@kgm-motors.co.uk T: 07932 602457
Aidan O’Neill Communications Executive
E: aidan.oneill@kgm-motors.co.uk T: 07443 227636
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