CHICAGO, IL – July 26, 2017 – (Motor Sports Newswire) – Citi Retail Services announced a long-term agreement with American Honda Motor Corp to provide a private label credit card program supporting Honda’s Powersports dealer network nationwide.
Citi Retail Services is one of North America’s largest and most experienced retail credit solution providers. This is the second program Citi Retail Services will launch with Honda, following the recent announcement of the partnership with Honda Power Equipment. This new relationship is the latest addition to Citi Retail Services’ power sports and equipment portfolio.
“This new agreement with Citi Retail Services will help Honda dealers offer value to our customers with a program for financing Honda’s motorcycles, scooters, ATVs, Side-by-Sides, parts and accessories,” said Chuck Boderman, Vice President of American Honda’s Motorcycle Division. “We look forward to working with Citi Retail Services to offer value and convenience of the Honda Card to our dealers and satisfying our customers.”
“Following our recent agreement with Honda Power Equipment, we are excited to expand our partnership to offer industry-leading financing options to customers of American Honda Motor Corp,” said Craig Vallorano, Head of Citi Retail Services. “As we continue to build Citi Retail Service’s portfolio in the power sports and equipment market, we’re proud to work together with strong and respected brands like Honda.”
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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About American Honda
American Honda Motor Co., Inc., is the sole distributor of Honda motorcycles, scooters, ATVs and Side-by-Sides in the U.S. American Honda’s Motorcycle Division conducts the sales, marketing and operational activities for these products through independent authorized Honda retail dealers. For more information on Honda products, go to powersports.honda.com
Source: Citi Group