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Home » HDFS records 29% YoY increase in originations as provisions drop

HDFS records 29% YoY increase in originations as provisions drop

Provisions for credit losses decreased $75 million YoY

Joey PizzolatobyJoey Pizzolato
June 5, 2023
in Earnings, Powersports Finance News
Reading Time: 1 min read
0
Harley Davidson

Photographer: David Paul Morris/Bloomberg

Harley-Davidson Financial Services increased its origination volume in the second quarter despite inventory constraints plaguing the powersports industry. New retail originations increased 29% year over year to $1.2 billion, driven largely by higher new motorcycle sales and strong used motorcycle origination volume, Chief Financial Officer Gina Goetter said on Wednesday’s earnings call. New retail motorcycle […]

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Tags: auto originationscredit performanceHarley-Davidson Financial ServicesmotorcyclesOn-RoadPremium
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