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The Honda Motor Co. badge on a Fit e:HEV vehicle displayed outside a showroom at the company's headquarters in Tokyo, Japan.

American Honda Motor Co. in 2025 will improve its certified pre-owned vehicle program to meet consumer demand for older vehicles...

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POWERSPORTS FINANCE

Powersports Finance News

Dealers, CUs eye tech adoption in powersports

February 6, 2025

Motorcycles on the showroom floor at the Bluegrass Harley-Davidson dealership in Louisville, Kentucky, U.S., on Wednesday, Feb. 9, 2022. Harley-Davidson Inc. gained after reporting a surprise profit in the fourth quarter as strong demand in its home market and higher motorcycle prices padded earnings and shipping delays eased.

Earnings

HDFS originations down 16%, credit losses rise

February 5, 2025

TECHNOLOGY

Technology

Dealership CFO: Are digital finance and AI over-promising?

February 7, 2025

Technology

EBay acquires digital auto startup Caramel

February 7, 2025

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Tesla Inc. vehicles stand at a Tesla Supercharger station in Concord, California, U.S., on Thursday, Oct. 10, 2019. Before PG&E Corp.s massive blackout swept across Northern California, Tesla issued a politely worded but urgent message to its many area customers: charge up your car, now.

Trump administration halts program to expand US EV chargers

byBloomberg News

February 7, 2025

The Trump administration is suspending federal funding for electric car chargers, following through on one of President Donald Trump’s first...

Variety of new cars ready for sale on a dealer lot

Asbury Auto, Group 1 F&I revenue see double-digit YoY jump

byJames Van Bramer

February 6, 2025

Asbury Automotive and Group 1 Automotive saw double-digit year-over-year gains in finance and insurance profits in tandem with higher fourth-quarter...

Ford signage at a dealership in Richmond, California, US, on Friday, June 21, 2024. CDK Global, a software provider to some 15,000 car dealers, was waylaid by debilitating cyberattacks this week that have had a crippling effect on the auto sales industry. Photographer: David Paul Morris/Bloomberg

Ford Credit lease portfolio up 6.5%

byAmanda Harris

February 6, 2025

Ford Credit’s lease volume rose in the fourth quarter as lease return rates picked up, while credit losses rose. The...

Ford names House CFO

byAmanda Harris

February 6, 2025

Ford Motor Co. has named Sherry House its chief financial officer, effective today. Sherry House House has been the automaker’s...

The General Motors world headquarters building is shown September 17, 2015 in Detroit, Michigan. Mary Barra, Chief Executive Officer of General Motors, and Mark Reuss, President of GM North America, held an Employee Town Hall Meeting and a question & answer session with the news media today to discuss GM's $900 million settlement with the Justice Department over GM's ignition switch recalls.

GM Financial looks to form industrial bank — again

byAmanda Harris

February 6, 2025

GM Financial, the captive finance arm of General Motors, has reinvigorated its efforts to form a bank with the goal...

Dealers, CUs eye tech adoption in powersports

byAsh Savage

February 6, 2025

LAS VEGAS — As powersport dealers and lenders tap into technology to boost efficiency and transparency, others hesitate to embrace...

Auto Finance News to present webinar on capital markets

byJames Van Bramer

February 6, 2025

Auto Finance News is pleased to offer the free webinar “Funding Strategies: From Warehousing to Private to ABS,” on Tuesday,...

A Kia EV9 Land electric vehicle (EV) during the 2024 New York International Auto Show (NYIAS) in New York, US, on Thursday, March 28, 2024. The event, which first opened in November 1900, is North America's oldest and largest attended auto show.

Democratic governors prepare to battle Trump over EV incentives

byBloomberg News

February 6, 2025

Cody Colder, a petrol-head descended from generations of Michigan autoworkers, had no intention of buying an electric car when his...

News from Equipment Finance News

Dealer ag equipment sales plunge, prompting OEM support

byMichael Archuleta

2025-02-07

Dealer sales of new agriculture equipment plunged in 2024 as high interest rates exacerbated challenges facing farmers, prompting OEMs to…

Terex backlog nears pre-pandemic averages

byMichael Archuleta

2025-02-07

Equipment manufacturer Terex reduced its backlog again to end 2024, as the market returns closer to pre-pandemic levels. Overall order…

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