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Mitsubishi Fuso Truck & Bus Corporation, DaimlerChrysler launching new products in Japan

One of Asia's leading manufacturers commercial vehicle producers and href = "http://www.truckaccessorywholesale.com/specials/mitsubishi_truck_accessories.html"> Mitsubishi truck parts, Mitsubishi Fuso Truck & Bus Corporation together with the world's largest financer of commercial vehicles, DaimlerChrysler Financial Services recently announced the Successful completion of the first financial year of the FUSO Financial is the financial arm of Fuso commercial vehicles in Japan.

After a year of financial services in Japan Fuso dealers were able to reach a volume of new business amounting to 100 million euros. Fuso's network in Japan consists of 262 outlets which were completed in September 2006. The portfolio of mid-term review in the Fuso Financial is one billion Euros.

According to Masayuki Nagano, a member of the Board of Directors and Corporate General Manager Sales and Domestic Service in Mitsubishi Fuso Truck & Bus Corporation, in a press conference in Tokyo, "FUSO Financial is now an integral part of operations in Japan Fuso. With the joint product development, joint marketing activities and a integrated customer relationship management we take a big step forward to become 'the most trusted "for our customers and business partners - not only in terms of quality but also in financial services.

The establishment of financial business unit FUSO has enabled DaimlerChrysler Financial Services offers a complete product portfolio including financing, leasing and insurance services for all DaimlerChrysler brands in Japan. Obtaining a portfolio of 1.8 billion euros and 90,000 vehicles in Japan last 2006 ago as one of the 10 markets worldwide DaimlerChrysler Financial Services and the market more largest in the Asia / Pacific.

Jürgen Walker, Chairman of the Board of DaimlerChrysler Financial Services said, "as financier largest truck in the world, we can offer our global experience to the Japanese market for commercial vehicles to add value to our distributors and Fuso customers. Today, 35 per cent of all Fuso vehicles financed or leased through various financial services companies. Compared with other markets - In case of DaimlerChrysler Financial Services alone has penetration rates of 50 percent - is great market potential in Japan. "

Mitsubishi Fuso and DaimlerChrysler Financial Services have also announced the start of a new product full-service leasing, which they call as "FUSO Maintenance lease "for all Fuso customers in Japan. This new product will integrate vehicle leasing and maintenance services at a fixed monthly rate. The "FUSO Maintenance Lease" is the answer to the "single solution" that customers are asking for.

The "FUSO Car Maintenance "allows the Fuso financial package to offer a competitive product that is designed to meet customer needs. The contract maintenance is based on the experiences of DaimlerChrysler Financial Services Full service with products from other markets like Europe and North America.

Tilo Schmid-Sehl President and Representative Director of DaimlerChrysler Financial Services Japan Co., Ltd., said, "After 15 years of success in Japan with passenger vehicles DaimlerChrysler have all the market know-how necessary to become a major financer of commercial vehicles, too. With our expanded portfolio of services Fuso financial customers and distributors, financial FUSO strongly support the sales of Fuso trucks and buses in Japan. "

About Mitsubishi Fuso Truck & Bus Corporation

Mitsubishi Fuso Truck & Bus Corporation (MFTBC) is based in Kawasaki, Japan. It is one of Asia's leading manufacturers commercial vehicles. Last 2006, the company sold a total of 186,600 vehicles comprising of light, medium and heavy trucks and buses. DaimlerChrysler AG owns 85% stake MFTBC while the remaining 15% shares are held by various Mitsubishi group companies. MFTBC is an integral part of DaimlerChrysler Truck Group.

About the Author

Gertrude Sayzer finished her degree in Marketing at Western New England College. She is passionate about writing and loves to travel as well. At present, this 32 year-old mother of three works full-time at an Ad agency in Boston.

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This entry was posted on Wednesday, March 29th, 2006 at 11:57 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.