Chery International Partners with BNP Paribas and Arval UK for Financial Services
Chery International, the parent company of Omoda and Jaecoo, has recently announced a new financial services partnership with BNP Paribas Personal Finance UK and Arval UK. This partnership will provide dealers and customers of Omoda and Jaecoo with a wide range of flexible finance solutions, enhancing the overall customer experience.
Victor Zhang, Executive Vice President at OMODA & JAECOO UK, expressed his excitement about the partnership, stating, “We have big ambitions for Europe and have worked hard to bring the best products. However, we know that in the oldest automotive market in the world, we need to have the best partners to offer our customers the best experience throughout their journey with us. We’re delighted to be working with BNP Paribas in the UK. This is an exciting partnership with a very experienced company and experts in their field.”
BNP Paribas Personal Finance UK will be providing consumer finance, while Arval UK will offer fleet and contract management services. Stephen Hunt, CEO of BNP Paribas Personal Finance UK, highlighted the significance of this partnership, stating, “With this expansion of our motor finance solutions into the new car sales segment, this partnership with a fast-growing OEM is the first of its kind for the UK. It forms part of BNP Paribas Personal Finance’s wider ambitions to establish itself as a leading provider of finance solutions in the automotive market in the UK and across all major European markets.”
Lakshmi Moorthy, MD of Arval UK, also expressed their excitement about being chosen as the partner for OMODA and JAECOO UK, stating, “These are two exciting new brands and we look forward to assisting their growth in the UK.”
Overall, this partnership between Chery International, BNP Paribas Personal Finance UK, and Arval UK is set to bring a new level of financial services and support to Omoda and Jaecoo dealers and customers. It marks an exciting development in the automotive market and sets the stage for further growth and success for all parties involved.