Mitsubishi Motors Corporation increases investment Stake in ASX-listed FleetPartners Group, an Australian automotive financial services company, to 19.93%.

Mitsubishi Motors Corporation (MMC) announced today that it has increased its equity fleet leasing company FleetPartners Group, to 19.93%

FleetPartners provides comprehensive fleet management services, mainly to corporate customers in Australia and New Zealand.

Tatsuo Nakamura, Executive Vice President of MMC, said:

“Australia and New Zealand are core markets for Mitsubishi Motors, and our strengthened relationship with FleetPartners reflects our continued investment and strategic commitment to these regions. We look forward to continuing to work with FleetPartners to collectively grow our businesses”.

Since MMC acquired 5.01% of FleetPartners’ issued shares in June 2024, an Australian-based Mitsubishi Motors team has worked closely with FleetPartners to deliver benefits for both companies.

Juyu Jeon, Chief Strategy Officer at Mitsubishi Motors Australia, said:

“This investment is an important step in strengthening Mitsubishi Motors’ value chain, and we are confident it will drive future growth for our business”.