Ironhorse Funding COO Jon Krumdick talks powersports finance market growth
Jon Krumdick In its first three years, powersports lender Ironhorse Funding has grown its assets under...
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5 Questions with … MotoLease Chief Executive Emre Ucer
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This week brought a closer look at third-quarter earnings at some of the largest banks, painting a picture of how...
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Toyota to Build U.S. Battery Plant Under $3.4 Billion Plan
Toyota Motor Corp. plans to invest $3.4 billion in the U.S. through 2030 to establish a new company and build...
Bank of America floorplan outstandings drop 13% as commitments increase
Bank of America is the latest auto lender to report decreased floorplan balances as constrained inventory continues to plague the...
PNC Financial completes BBVA USA digital migration in Q3
PNC Financial’s auto portfolio shrank in the third quarter following a second-quarter spike brought on by the bank’s acquisition of...
Truist’s floorplan outstandings shrink, consumer auto outstandings jump YoY in Q3
Truist’s dealer floorplan portfolio declined $1.1 billion sequentially in the third quarter as inventory shortages continue to hit dealer lots...
Strong credit quality aids in US Bank’s Q3 portfolio growth
U.S. Bank’s auto portfolio grew in the third quarter, complemented by low net charge-offs and delinquencies, which are expected to...
