Santander Consumer Finance has signed a five year extension to its partnership with Volvo Car UK, through which SCF is the provider of both retail and wholesale funding.
Since January 2010, SCF has provided Volvo branded finance solutions under the Volvo Car Credit name and it said the partnership has been "very successful".
The partnership has driven success through close integration of both systems and people working towards collective objectives. This has resulted in the development of a wide range of innovative consumer offers designed to evolve with the widening Volvo model range.
Graham Prestedge, commercial director of Santander Consumer Finance, said: “This is good news and a result of the excellent relationship with Volvo Car UK. It is a partnership that’s delivered real benefits to both sides and I look forward to building on this over the coming years”.
Nick Connor, managing director, Volvo Car UK said: “We are further developing our relationship and look forward to this successful partnership continuing in the coming years”.
An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
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