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Honda Finance

VB Leasing Finanzierungsgesellschaft m.b.H. will operate as a captive financing company for Honda Austria under the "Honda Finance" brand from 1 November 2010.

For VB Leasing, the cooperation with Honda Austria represents another milestone in a successful corporate history dating back more than 40 years. Dynamic growth in the Auto Retail Business (ARB) sales channel has now provided the foundations for the cooperation with Honda Austria.

“VB Leasing was able – despite continuing market turbulence – to report the highest growth, at 2.6 % since the beginning of the year, in new business in the Austrian leasing market. We shall be able to develop this trend through the cooperation with Honda in the short and medium term", is how Gerhard Dangel, Head of ARB Sales at VB Leasing describes the positive impetus expected from the collaboration.

“We are convinced that we have found the right partner with VB Leasing. Not merely because of their professionalism and experience in the industry but also because of their business model, which is based on stable growth and sustainability", is how Roman Cahak, who is responsible for the Financial Services division at Honda Austria, sums up the advantages of the cooperation for Honda Austria.

Customer proximity is not just a buzz phrase at VB Leasing. VB Leasing focuses on its customers through a regionally oriented organisational structure. This policy will be further reinforced through its collaboration with Honda, since the products and services offered by Honda Finance will signify a substantial degree of flexibility and individuality for customers. Depending on the length of the agreement, own funds, investment required and agreement on the residual value, the monthly lease payment will be adjusted individually and the financing model will be structured appropriately. Car dealers will benefit from customised inventory and sales financing packages as a result of the cooperation. A one-stop service.

"The new collaboration with Honda Austria shows that we have adopted the right course. We are very pleased to be dealing with all Honda’s financing issues in Austria in future", says Dangel.

Contact:
VB Leasing Finanzierungsgesellschaft m.b.H.
Gerhard Dangel, Car Retail Business
T: 050 4004-7289
E-Mail: gerhard.dangel@vbleasing.at


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