YAMAHA MOTOR CANADA ANNOUNCES THE CREATION OF A NEW, WHOLLY OWNED FINANCING COMPANY

Yamaha Motor Canada Ltd. has announced the creation of a new wholly owned subsidiary company which will provide financing services to its Canadian Motorsport and Marine dealers. The new company, Yamaha Motor Finance Canada Ltd., will begin operations on January 1, 2015.
 
Yamaha Motor Canada Ltd. President, Mr. Peter Hastings, explained that “the creation of our own finance company is a project we have been pursuing for several years and we believe the conditions are ideal to be announcing the creation of this new organization”.
 
The new company will begin offering inventory financing to its Canadian dealers on January 1, 2015. Ms. Leone Foxwell, who will be responsible for the new Inventory Finance Program stated: “we are very excited to launch this new program and we look forward to providing our dealers with innovative inventory financing programs to help them grow their business.”
 

Related Posts

Good Advice that You Can Share – Falling Overboard Recovery Steps

By John Gullick
 
An accident that occurs with surprising frequency to passengers and crew is falling. The chance of this happening can be greatly reduced if precautions are taken, such as wearing non-skid shoes that lace up and wearing appropriate clothing that does not impede movement. Those on board should make sure they have a sound footing and a good handhold at all times. Here is an old saying to remember: “Sailors were given two hands, one for the ship and one for themselves.” 

Read More

Changing Scene

Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.

Just Launched

Lund Boats Introduces New 2027 HG Pro Series, Combining Hardtop Protection with Big-Water Capability 

All-new 220 HG Pro and 240 HG Pro models deliver rugged heavy-gauge construction, enclosed hardtop comfort and serious fishing functionality for demanding open-water anglers. 

Lund Boats has unveiled the all-new Model Year 2027 HG Pro Series, a purpose-built heavy-gauge aluminum platform designed for anglers who pursue big-water fisheries in changing conditions. 

Read More

JBL Debuts the Flip 7 Magnet for Secure Portable Sound on the Water and Beyond

JBL has announced the Flip 7 Magnet, a flexible mounting solution that brings portable JBL Pro Sound to boats, golf carts, RVs, powersports, vehicles and more. The purpose-built magnetic accessory securely holds the best-selling JBL Flip 7 on compatible metal surfaces, while an included receiver plate extends placement to nonmagnetic surfaces. 

Read More

People