HDFS Adjusts Underwriting Amid Rising Credit Losses
Annualized net losses continue to rise at Harley-Davidson Financial Services — reaching 1.6% in the third quarter, which has caused...
Powersports Dealers Seek Increased Lender Support
LAS VEGAS — Many powersports dealers are still “down in manpower” post-recession, which is why they need more support from...
Yamaha Motor Finance Pilots Powersports Credit Card Program
ORLANDO -- Yamaha Motor Finance Corp. is slated to launch a credit card program nationwide to all authorized Yamaha dealers...
Powersports Lenders Prefer ‘Personal Touch’ Over Text, Panelists Say
LAS VEGAS -- Despite changing technology trends, the “personal touch” -- such as a phone call -- is still the...
CPS Diversifies Funding To Prep For Next Recession
With a recession on the horizon, Consumer Portfolio Services Inc. is “putting away acorns for a rainy day,” President and...
Powersports Finance Requires Change to Foster Growth
LAS VEGAS — The powersports finance industry is finally experiencing a bit of advancement, following years of remaining “stagnant,” Chris Clovis, owner and...
Is Citi Geared Up to Fill the Void?
With Capital One Financial Corp. exiting the powersports industry — allowing its revolving credit arrangements with OEM partners to gradually expire...
Powersports Lags Due to Lack of Dealer Training, Panelists Say
LAS VEGAS — While not lacking in technology options, powersports is still lagging auto to the extent that dealers are...
