Bloomberg News

Ally Chosen By Berkshire’s Forest River for RV Dealer Financing

May 22, 2012

Ally Financial Inc., the bailed-out auto lender, was selected by the Forest River unit at Warren Buffett’s Berkshire Hathaway Inc. (A:US) to provide inventory financing for dealers of recreational vehicles.

Detroit-based Ally will participate in the interest reimbursement program for dealers obtaining wholesale financing, the companies said today in a statement distributed by Business Wire.

To contact the reporter on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net


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