The French Automobile company Citroen has done an agreement with Axis Bank. Under this, the company has introduced “Citroen Finance” in India. According to the information given by the company, this finance company will offer retail loans with attractive offers for its customers. It will also provide customized credit solutions in India to its dealers.
Roland Bouchara, Senior Vice President Sales and Marketing, Citroen India, said that “Citroen Finance” has been launched keeping in mind the interests of customers and dealers. Through this, the financial difficulties of the customers will be overcome. Jagdeep Mallareddy, Retail Lending Head at Axis Bank said, “This collaboration will offer Citroen advanced and world-class financial products to the Indian consumer.” Let us tell you that Citroen has entered in the Indian market with C5 Aircross SUV. The company introduced its SUV car this year in April.
The SUV is expected to compete with Hyundai Tucson and Kia SP2i SUV. It is being said that this SUV will be produced at the company’s plant in Hosur, Tamil Nadu and it will use 95 percent local content. At the same time, it has been said by Citroen that before the end of the year 2021, the company can launch models made in India.