Volvo Financial Services signs alliance with ORIX Indonesia Finance


 

Volvo Financial Services signs alliance with ORIX Indonesia Finance

The Volvo Group's customer finance company Volvo Financial Services
(VFS), has signed an agreement with ORIX of Indonesia Finance (ORIF) to
provide a comprehensive finance program for customers of the Volvo Group
in Indonesia.

The alliance with ORIF enables VFS to provide lease finance products for
all Volvo Group's brands including Renault Trucks, UD Trucks, Volvo
Trucks and Volvo Construction Equipment.

The financial service offerings will be co-branded under the Renault
Trucks Financial Services, UD Trucks Financial Services, or Volvo
Financial Services, and the ORIX brand.

“The new VFS/ORIX alliance will improve the Group's ability to win
business and help the organization to be a truly local provider with
superior resources in this key developing market,” says John Rakocy,
President of VFS Asia/Pacific.

 August 4, 2010

 Reporters who want more information, please contact Mårten Wikforss,
+46 31 66 11 27 or +46 705 59 11 49.

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