CarMax this week announced layoffs of 145 associates as it looks to “operate with a leaner corporate workforce,” the retailer ...

RV manufacturer Thor Industries’ North American sales fell in its fiscal fourth quarter as shipments declined and higher borrowing costs ...

Tighter inventory management is contributing to improved performance in floorplan asset-backed securitizations alongside steady year-to-date issuance.  "Dealers have been much more deliberate in their approach ...

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused the subprime lender of ...

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used, offering a growth opportunity ...

A lack of performance data leaves investors more hesitant about buying marine loan-backed securities. Banks are not pushing marine paper ...

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO applied to have its ...

ATLANTA — Marine manufacturers are offering flexible and interest-free floorplan financing to help dealers offset costs as inventory builds.  Fort ...