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Siemens Motor Contracts named as exclusive business finance provider to SsangYong dealers.

Siemens Motor Contracts, the contract hire business within Siemens Financial Services Limited in the UK has been appointed by Koelliker UK Limited (Koelliker), the importer and distributor of SsangYong vehicles in the UK as its exclusive provider of business finance.

Siemens Motor Contracts will aim to establish SsangYong in the contract hire market in the same way that it has for Kia, another relative newcomer.

There are some 30 SsangYong dealers in the UK and Siemens will provide each with a comprehensive business finance solution enabling them to provide SsangYong vehicles to a wide range of business users – from sole traders to fleets of many hundreds of vehicles. Siemens will tailor its award winning online contract hire quotation tool specifically for SsangYong vehicles with each dealer having exclusive access.

Ian Nicholson, Operations and Finance Director, Koelliker UK Limited, says: “As we look to establish ourselves in the highly competitive UK market, we need to be very focused in targeting particular market segments and users with SsangYong. The business market is a core example and Siemens’ vast experience is ideally suited to supporting us in this endeavour. Take their online quotation tool – it’s light years ahead of the rest of the vehicle leasing industry and will give us a significant competitive advantage.”

Peter Austin, General Manager, Siemens Motor Contracts, says: “Koelliker is an ambitious organization. They focus on delivering an excellent product at a competitive price with the very best service; in this regard our two organizations are well matched. We believe that with our finance, the SsangYong range will prove popular with fleet managers and business users alike. I’m delighted that Koelliker have chosen to work with us and look forward to strengthening our relationship with them and their dealers over the coming months and years.”

Koelliker is a significant independent car importer in Europe. Based in Milan it imports and distributes SsangYong, Kia, Hyundai and Mitsubishi in Italy. It also represents SsangYong in Austria and Hungary.

Siemens Motor Contracts has a highly successful, 25-year track record in providing full maintenance contract hire services for small to medium size fleets.

Author: Faye Sunderland, July 28, 2008
Filed under: Car finance, Dealer news, Fleet news, Latest news, SsangYong

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