Citi Retail Services Signs Agreement with Honda Power Equipment

Citi Retail Services will provide consumer and commercial private label programs supporting Honda Power Equipment’s nationwide dealer network

CHICAGO--()--Citi Retail Services today announced a consumer and commercial private label agreement with Honda Power Equipment.

“This partnership with Citi will provide attractive promotions and financing options to both customers and Honda Power Equipment dealers, which we believe will result in satisfied customers and dealer partners.”

Citi Retail Services is one of North America’s largest and most experienced retail credit solution providers. This new relationship is the latest addition to Citi Retail Services’ power sports and equipment portfolio.

Honda’s power equipment division encompasses six product families, including generators, lawn mowers, snow blowers, tillers, pumps and trimmers. This new program from Citi Retail Services will provide industry leading financing options, compelling promotions, and overall value to drive parts and service sales and customer loyalty.

“Honda is well-known for its commitment to developing quality products for commercial and consumer use worldwide,” said Craig Vallorano, Head of Citi Retail Services. “We’re proud to work together to serve Honda’s loyal customers and to help drive future sales growth. This relationship is an important addition to Citi Retail Services’ work in the power sports and equipment market.”

“Honda is proud to work with Citi Retail Service to offer both our customers and dealers the opportunity for more options when purchasing Honda Power Equipment products,” said Daniel Sherlock, senior manager – Honda Power Equipment. “This partnership with Citi will provide attractive promotions and financing options to both customers and Honda Power Equipment dealers, which we believe will result in satisfied customers and dealer partners.”

About Citi

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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Deirdre Leahy, 212-559-3296

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Release Summary

Citi Retail Services will provide consumer and commercial private label programs supporting Honda Power Equipment’s nationwide dealer network

Citigroup Inc.