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Nissan Motor Acceptance withdraws industrial loan company charter application

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Nissan’s financial services arm Nissan Motor Acceptance Company has withdrawn its Federal Deposit Insurance Corp. application to form a Utah-based industrial loan company. Nissan says Nissan Motor Acceptance and Infiniti Financial Services will keep supporting Nissan, INFINITI and dealer customers through existing lending operations. The company posted a large net loss in FY ending March 2026 but later reported a profit in Q1 2026.

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