June 23, 2017 10:53 AM ET

Consumer Finance

Company Overview of Nissan Motor Acceptance Corporation

Company Overview

Nissan Motor Acceptance Corporation provides automotive financial services. The company focuses on providing purchase and lease financing for the complete line of Nissan and Infiniti vehicles to consumers in the United States. It provides financial services for cars, electric cars and hybrids, sports cars, crossovers and SUVs, minivans and vans, trucks, and future vehicles. It offers financial products and programs through dealers. The company was incorporated in 1981 and is based in Irving, Texas with an additional office in Franklin, Tennessee. It has a customer center in Dallas, Texas. Nissan Motor Acceptance Corporation operates as a subsidiary of Nissan North America, Inc.

8900 Freeport Parkway

Irving, TX 75063-2438

United States

Founded in 1981

1 Employees

Phone:

310-719-8000

Fax:

310-719-8096

Key Executives for Nissan Motor Acceptance Corporation

Chief Executive Officer, Vice President of Information Systems and Director
Age: 55
President
Age: 48
Director of Credit Services
Director and General Manager of Sales Finance for Nissan Motor Co Ltd
Age: 70
Director of Dealer Services
Compensation as of Fiscal Year 2016.

Nissan Motor Acceptance Corporation Key Developments

Jury Verdict of $256,450,000.00 Against Nissan Motor Acceptance Corporation in Favor of Mike Kahn Superior Automotive Group in Lawsuit Brought by Miller Barondess, LLP

On May 22, 2017, in Nissan Motor Acceptance Corporation verses Superior Auto of Fremont, LLC, et al., Orange County Superior Court Case No. 30-2009-00305125-CU-BC-CJC (Judicial Council Coordination Proceeding No. 4613), a jury awarded $256,450,000 against Nissan Motor Acceptance Corporation (NMAC). The jury’s award included $121,900,000 in compensatory damages; and the jury found Nissan’s conduct so reprehensible that they found by clear and convincing evidence that Nissan acted with fraud, malice or oppression and awarded $134,550,000 in punitive damages. The plaintiffs in this litigation are the Superior Automotive Group, a group of Nissan and Toyota dealerships owned by auto dealer Michael Kahn. Superior was financed by NMAC and put out of business by NMAC in 2009 during the recession. The dealerships were located in greater Los Angeles and in the San Francisco Bay area. Mr. Kahn resides in Orange County. The plaintiffs prevailed on claims for fraud by concealment and negligent misrepresentation.

Nissan Motor Acceptance Corporation Presents at 26th Credit Summit for Fixed Income Investors, Jun-09-2016 09:10 AM

Nissan Motor Acceptance Corporation Presents at 26th Credit Summit for Fixed Income Investors, Jun-09-2016 09:10 AM. Venue: The Westin Copley Place, 10 Huntington Avenue, Boston, MA 02116, United States.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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