Santander Consumer Finance has been selected by MG Motor UK as its exclusive finance provider in a five-year agreement which begins in January 2020.
The contract will see SCF provide a full range of retail and wholesale finance facilities for MG Motor UK, which is currently the fastest growing car brand in the UK.
SCF has recruited 8 sales team members to support the partnership including a national sales manager and a national marketing manager.
MG Motor UK’s November year to date sales are up over 35% in comparison to the same period last year.
Stewart Grant, Santander Consumer Finance commercial director said: “Our new agreement with MG Motor UK is another thrilling milestone in the ongoing development of our partnership strategy and we are proud to be working with such a famous British brand. We share MG’s commitment to providing customers with value for money and developing long-term relationships and look forward to supporting their strategic vision.”
Daniel Gregorious, head of sales & marketing at MG Motor UK said: “We’re delighted to be partnering with Santander Consumer Finance to fulfill our retail and wholesale finance requirements. With Santander Consumer Finance’s support, we’re confident that we can provide our dealers with the tools they need to drive their businesses forward whilst delivering customer service excellence.”
“Finance is such an important part of the new car market, so we’re really looking forward to working together to achieve our ambitious sales growth objectives and continue to offer MG buyers sensational value for money,” he concluded.