Marine retailers, lenders conflicted on 2026 outlook
As marine consumers face pricing headwinds, marine lenders and retailers are conflicted about whether the Federal Reserve’s interest rate cuts...
Former Tricolor CEO Daniel Chu ‘largely responsible’ for Tricolor fraud, trustee says
Former Tricolor Chief Executive Daniel Chu’s motion seeking sole use of Tricolor’s $15 million insurance designed to fund legal defenses...
KBRA lowers Tricolor auto ABS ratings to default status
Kroll Bond Rating Agency downgraded ratings on dozens of classes of notes across Tricolor Auto’s asset-backed securitization deals after interest...
Auto rejections reach second-highest rate recorded in October (Big Wheels)
Auto loan rejection rates soared to the second-highest percentage recorded for October in more than a decade amid rising consumer...
Wholesale towable values drop 20.2% YoY in October
Wholesale towable and motorhome values continued to drop in October amid sales slowdowns in unfavorable weather and dealers managing their...
BRP’s North American retail sales dip 4%
Continued inventory reduction and macroeconomic headwinds contributed to a dip in Bombardier Recreational Products’ U.S. retail sales in its fiscal...
America’s Car-Mart consolidates 5 stores, lays off 10% of workforce
Amid a $22.5 million net loss in its fiscal second quarter ending Oct. 31, buy here, pay here dealer America’s...
Tricolor bondholders seek to subpoena JPMorgan Chase, Fifth Third
A group of Tricolor bondholders has requested to subpoena JPMorgan Chase and Fifth Third Bank to learn whether they had...
