19 Oct 19

ALD provides lease services for Citroën in India

In partnership with India's Axis Bank, Groupe PSA has launched Citroën Finance and Citroën Lease. The products offer retail finance and customised credit to Group dealers in India (pictured: Delhi traffic). ALD Automotive will offer full leasing services to the final customers 

Groupe PSA plans to sign standard cooperation agreements with other leading auto finance players in India. A first partnership was signed with Kotak Mahindra Prime Ltd (KMPL), a leading Non-Banking Finance Company.

Emmanuel Delay, Executive Vice President India Pacific comments on these initiatives, “These partnerships are a new step in Groupe PSA objective to progressively establish a meaningful presence in India,” says Emmanuel Delay, PSA's Executive VP for India/Pacific.

Authored by: Frank Jacobs