Kia hands over vehicle fleet for Australian Open 2019; Ties up with Yes Bank in India

By: Motown India Bureau

Jan 11 2019

Kia Motors Corporation has supplied a fleet of vehicles for the Australian Open 2019, marking the 18th consecutive year of Kia’s role as the major sponsor for the Grand Slam of the Asia-Pacific. The official vehicle handover ceremony took place at Federation Square in Melbourne, with Kia ambassador Rafael Nadal, winner of 17 Grand Slam titles, presenting the 120 Kia models to Australian Open officials.

The MoU was signed in the presence of Pralay Mondal, Senior Group President and Head, Retail and Business Banking, Yes Bank and Kookhyun Shim, MD & CEO, Kia Motors India.

The cars will transport players, match officials and VIPs throughout the two-week tournament, which starts on January 14 in Melbourne and finishes with the men’s singles final at Rod Laver Arena on January 27.

Meanwhile, back home in India, Yes Bank, India’s fourth largest private sector Bank, signed a Memorandum of Understanding (MoU) with Kia Motors to enter into a strategic financing partnership, making it one of the first Indian banks to become their preferred financier. The MoU was signed in the presence of Pralay Mondal, Senior Group President and Head, Retail and Business Banking, Yes Bank and Kookhyun Shim, MD & CEO, Kia Motors India. The benefits of this partnership will be extended to the entire auto value chain - Auto dealers as well as customers, covering multiple car models offered by Kia Motors India.

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