The recession has put automakers in a difficult position, as banks refused to finance new-car sales. So the car manufacturers were forced to find a solution to the problem on their own if they wanted to continue selling cars. That’s how auto financier Nissan Financial Services Australia Pty Ltd (NFSA), a wholly owned subsidiary of Nissan Motor Company Australia Pty Ltd, was born.
This proved to be a very successful business, as NFSA today announced that it has raised over $160M of medium term… (read more)