Viking Sport Cruisers renews floorplan deal - Trade Only Today

Viking Sport Cruisers renews floorplan deal

Author:
Publish date:

CGI Finance announced the renewal of its partnership and floorplan financing with Viking Sport Cruisers, the exclusive distributor of Princess yachts in the United States, Canada, Central America and the Caribbean.

“CGI Finance and Viking are both constantly driven by our passion to satisfy our customers’ needs through values of performance, reliability and quality. In the context of the important changes in the global economy, in particular the marine industry, we believe more than ever in the strength of partnering between industry leaders,” CGI Group global director of boat financing activity Hervé Bonnet said in a statement.

The strategic partnership has been in effect since February 2010.

Related

METS

E-nnovation Lab to expand at 2018 Metstrade show

The growing demand for hybrid and electric engines is becoming more apparent within the leisure marine market, prompting Metstrade to introduce the E-nnovation Lab platform for electric propulsion technology.

Other

Aluminum, tow boats lead moderate growth in May

Boat registrations were up 2.1 percent in May in the main powerboat categories, and rose 3.2 percent in all categories, according to preliminary data from Statistical Surveys Inc., a Michigan company that tracks new boat registrations.

NMMA

Retaliatory tariffs on boats to EU start today

The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.