Monday, December 13, 2004

New Kawi finance program

From Canadian Kawasaki Motors



TORONTO, ON -- GE Consumer Finance, a leading provider of financial services to consumers and retailers in 41 countries around the world, and Canadian Kawasaki Motors have announced they are launching a new consumer finance program.



The exclusive three-year agreement will allow Kawasaki dealers in Canada to offer special credit promotions and long-term financing to consumers through a new program called Kawasaki Motors Retail Finance. Customers looking for increased purchasing power will have the opportunity to apply for closed-end financing on new Kawasaki models.



“We’re extremely excited to partner with Canadian Kawasaki Motors, a global leader in powersports with a world-class brand and a loyal customer following,” said Stephen Motta, president and chief executive officer of GE Consumer Finance-Canada. “This new program will help more first-time and long-time powersports enthusiasts enjoy the Kawasaki experience.”



The new program will enable approximately 200 dealers from Newfoundland to British Columbia to offer special financing terms to consumers, including $99-a-month financing on selected products. Consumers also will be able to choose from among a number of no-payment and low-interest rate programs.



“Through our partnership with GE, we can offer our Kawasaki dealers industry-leading finance programs which will allow more customers to enjoy the power, performance and exhilaration of Kawasaki," said Shigeyo Ikemoto, President of Canadian Kawasaki Motors Inc.



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