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Home » NMAC hits 58% penetration rate as operating profits jump

NMAC hits 58% penetration rate as operating profits jump

Sales rose 7.9% YoY in 2021

Joey PizzolatobyJoey Pizzolato
February 10, 2022
in Earnings
Reading Time: 2 mins read
0
The Story Behind NMAC’s $40M Auto Financing Settlement

The new Nissan LEAF sets a new standard in the growing market for mainstream electric cars by offering customers greater range, advanced technologies and a dynamic new design.

More than half of Nissan vehicles sold in the United States from April to the end of December 2021 were financed by the Japanese automaker’s captive Nissan Motor Acceptance Company (NMAC) as the lender’s operating profits soared. Increases in NMAC’s retail financing share offset declines in lease financing share, driving the lender’s total penetration up […]

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Tags: captive financingNissan Motor Acceptance Co.nmacPremium
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