KGM has deepened its ties with CA Auto Finance, the UK subsidiary of CA Auto Bank to launch KGM Financial Services to offer consumers “ a seamless vehicle financing experience”.
KGM started working with CA Auto Finance in December 2023 and has funded over 1,000 vehicle purchases since then.
The launch of KGM Financial Services represents a further strengthening of ties between the two companies.
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.
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.
Kevin Griffin, UK managing director at KGM UK, said: “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.”
Christian Gorton, marketing director at CA Auto Finance, said the two companies will seek to grow the brand’s presence and awareness in the UK market.
He said: “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.”