Triumph Tidbit

Press release from Triumph:

NEWNAN, Ga., July 1, 2003-Triumph Motorcycles (America) Limited and GE Retail Sales Finance today launched a new program to help dealers sell more motorcycles, parts and accessories and build greater customer loyalty and repeat business.

The new Triumph Consumer Credit program lets dealers put a Triumph-branded revolving credit card in the hands of customers looking for additional purchasing power, as well as offering a flexible closed-end financing option.

The Triumph Consumer Credit program comes with some great dealer benefits including:

Low discount rates on everyday dealer financing options, including 90 days deferred interest/payments and low monthly payments after the promotional period
Special seasonal promotions from Triumph
Instant credit, easy applications, and solid customer service
Fast credit of sales. Most funds deposited within 48 hours
No start-up or processing costs, free terminal, customized applications, cards and in-store promotional materials
"Our dealers asked us to provide a solid, "no-gimmick" financing program for their customers and we listened," said Don Carleo, Chief Financial Officer, Triumph Motorcycles (America) Limited. "The GE program offers our dealers the financial resources trusted by millions of consumers and thousands of other associations nationwide and great service to back it up."

"We are extremely pleased with the opportunity to work with Triumph, one of the oldest and most recognizable names in motorcycling," said James Ciortan, vice president, GE Retail Sales Finance.

Ciortan added that motorcycle enthusiasts can finance any new Triumph model motorcycle through the closed-end program, and can also use their Triumph credit card to purchase Triumph clothing, gear and accessories.

"Triumph riders will find that this new program is flexible and convenient and I'm certain dealers will find that it allows them to easily grow sales and drive repeat business" Ciortan said.

Triumph Motorcycles (America) Limited is the most recent member of the Power Sports industry to launch a program with GE Retail Sales Finance.

For details and further eligibility requirements, interested parties should contact GE directly at 800-244-7354.

About Triumph
Triumph Motorcycles (America) Ltd., is a wholly owned subsidiary of Triumph Motorcycles, Ltd., the manufacturer of Triumph motorcycles and accessories. Triumph Motorcycles (America) Ltd., is located in Newnan, Georgia and services the Triumph dealer organization throughout the United States, Canada and Latin America.

About GE Consumer Finance
GE Retail Sales Finance is a leader in providing credit services to retailers and consumers. Formed in 1932 as a provider of consumer financing for GE Appliances, GE Retail Sales Finance provides private label credit cards, commercial programs and card-related financial services for hundreds of retailers and manufacturers across North America.

GE Retail Sales Finance offers clients a full range of operational, financial and analytic support, and develops marketing programs designed to increase sales and customer loyalty. This philosophy of partnership has helped it grow to over $18 billion in total assets and to serve more than 70 million cardholders. For more information about GE Retail Sales Finance, contact 1-800-244-7354.
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