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VOLVO FINANCE/GENMAR INDUSTRIES FORM RETAIL FINANCE PROGRAM

      VOLVO FINANCE/GENMAR INDUSTRIES FORM RETAIL FINANCE PROGRAM
    MONTVALE, N.J., Jan. 10 /PRNewswire/ -- Volvo Finance North America (VFNA) is cooperating with Genmar Industries in a customized retail finance program scheduled to be unveiled at the 1992 New York National Boat Show.
    The Genmar Finance Program offers used and new retail financing to qualified purchasers of Genmar products.
    At the time of launch, the Genmar Retail Finance Program will be available in 22 states with a target of nationwide coverage in 12 months.  Volvo Finance expects that in July 1992 similar programs will be made available to additional independent boat manufacturers using Volvo Penta power.
    Volvo Finance North America, a wholly owned subsidiary of Volvo North America Corporation, currently provides consumer retail installment loan and lease financing programs for Volvo automobiles and various commercial financing for authorized Volvo dealers in North America.
    Volvo Finance's parent company, Volvo North America Corporation, is a subsidiary of AB Volvo, Gothenburg, Sweden, one of the world's leading transportation companies which manufactures cars, trucks, buses, marine and industrial engines and aerospace products.
    -0-                      1/10/92
    /CONTACT:  Michael T. Duke of Volvo, 201-307-6099/
    (VOLVY) CO:  Volvo Finance North America; Genmar Industries ST:  New Jersey, Minnesota IN:  FIN MAR SU:  JVN PS-KD -- NY003 -- 8558 01/10/92 10:30 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 10, 1992
Words:214
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