HDFS records 29% YoY increase in originations as provisions drop

Provisions for credit losses decreased $75 million YoY

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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