Fleet News

Joint finance company launched

MITSUBISHI Motors and United Dominions Trust have launched a joint finance company. Finance Mitsubishi will provide both corporate and retail finance, and will continue to use the Shogun Finance name. All finance packages will be available, from leasing based products to outright purchase type arrangements.

John Chisholm, managing director of the new company expects retail advances in excess of £100 million in the first year, and is also investing in the corporate market, which he described as 'increasingly significant.' Mitsubishi launched a contract hire package in January, and sales last month were in excess of £1 million.

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