Bank of America Extends Financial Services Partnership with Volvo Cars Through 2030

Bank of America and Volvo Car Financial Services (VCFS) extended their strategic alliance. The partnership now continues through 2030. The collaboration began in 2012.

Bank of America provides auto loan and lease origination, financing, and servicing for Volvo Cars customers. The agreement supports Volvo's 280 retailers across the United States.

The partnership aims to provide competitive financing rates and flexible options. It leverages Bank of America's technology and service platforms alongside VCFS's customized programs for Volvo car buyers.