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Nissan and ABSA team up

2003-07-01 06:45

Peter Mageza, managing executive of ABSA's Vehicle and Asset Finance Division (a division of ABSA Bank) says: "We are standing on the brink of something very exciting, and in UD Finance we are holding in our hands a unique financial services model that will revolutionise our industry.

"We have taken a bold step to bring about an end solution that supports and optimises Nissan Diesel's philosophy of total optimisation of the life cycle cost of vehicles.

"Together we willfully address the value chain of asset procurement, including finance, insurance, maintenance and disposal.

"It is an integrated and holistic solution.

"The UD Finance model will also be supported by the first active on-line fleet management system, supported by Siemens".

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