GE Money and Volvo Cars of North America today announced a multi-year
agreement to provide consumer financing on service, parts and
accessories to Volvo customers through their retail dealer network. The
instant credit, no interest promotional financing card program, managed
by GE Money’s Sale Finance unit, offers Volvo owners an easy, convenient
way to pay for auto repair and maintenance through a no annual fee
credit card.
“Reliable, stellar service is a vital component of the Volvo ownership
experience,” said Chris Dauerer, vice president of customer service for
Volvo Cars of North America. “GE Money’s long-held reputation of
excellence complements our commitment to our customers and we are
pleased to work with them in offering such a convenient, cost effective
auto maintenance financing program.”
Volvo owners can apply for and use the credit program at participating
authorized Volvo service workshops throughout the U.S. GE Money’s
internet-based finance management system, AdvanceDesksm provides
Volvo dealerships with an easy, secure way to offer instant credit to
customers for auto repair and services. Convenient online account
management is also available for cardholders.
“We are extremely pleased to have teamed with Volvo and to be part of
the phenomenal customer service experience in their Volvo parts and
service retailers,” said Steve Roe, general manager, Automotive, GE
Money – Sales Finance. “Volvo owners can now take advantage of a
financing program created specifically for auto services and repairs,
making budgeting and paying for these expenses easier and more
convenient than ever before.”
About Volvo
Volvo Cars of North America, LLC (VCNA) is a subsidiary of Volvo Car
Corp. of Göteborg, Sweden. VCNA provides marketing, sales, parts,
service, technology and training support to Volvo automobile retailers
in the United States, and oversees Volvo operations in Canada and
Mexico. For more information, visit www.volvocars.com.
About GE Money
With more than $200 billion in assets, GE Money, a unit of General
Electric Company, (NYSE: GE) is a leading provider of retail banking and
credit services to consumers and retailers in more than 50 countries
around the world. With more than 130 million global customers, GE Money,
based in London, UK, offers a range of financial products, including
private label credit cards, personal loans, bank cards, mortgages, debt
consolidation and home equity loans and credit insurance. More
information can be found at www.gemoney.com.
GE Money’s Sales Finance unit, based in Kettering, Ohio, provides
private label credit card programs and financial services for consumers
through dealers; national, regional and independent retailers;
associations; contractors; manufacturers; healthcare practices; and
service providers in more than 20 industries including: automotive,
consumer electronics and appliances, elective health care, floor
covering, home design and improvement, home furnishings, jewelry, music,
powersports, outdoor power equipment, sporting goods and travel.
GE (NYSE: GE) is a diversified global infrastructure, finance and media
company that is built to meet essential world needs. From energy, water,
transportation and health to access to money and information, GE serves
customers in more than 100 countries and employs more than 300,000
people worldwide. GE is Imagination at Work. For more information, visit
the company's Web site at www.ge.com.
©2008 General Electric Company, All rights reserved.
For GE Money:
Cristy Williams, 678-518-2596
cristy.williams@ge.com
