KIA develops financial programs in the Russian market
OREANDA-NEWS. On 18 June, Kia Motors Rus company signed agreement with Setelem Bank and Rusfinance Bank offering car lending for KIA customers under Kia Finance program.
According to the company, in the situation of instability in the Russian automotive market, only a strong partnership can become the basis for creating of attractive and effective financial products from KIA Finance. The signed agreements define the main lines of cooperation and new customer-oriented standards to simplify credit application procedures, increase credit approvals, as well as to develop a wider range of financial products, Kia Motors Rus press service reports.
During the first five months of 2015 KIA dealers sold 62,287 vehicles (-19%). The Rio remains the brand’s best seller with 33,700 cars sold in the period under review (-12.4%). The second place belongs to the Sportage SUV with 8,323 vehicles (-32.6%). The cee'd family is on the third place with 7,746 vehicles (-25.7%).
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