Bloomberg News, Author at Auto Finance News

High gas prices and elevated interest rates led fewer consumers to register RVs year over year in July. RV registrations...

A pedestrian walks past signage for a BRP manufacturing facility in Valcourt, Quebec, Canada, on Wednesday, Oct. 28, 2020. BRP Inc. says production shutdowns depleted its inventory and dragged down revenues in its second quarter, but rising demand buoyed profits as fun-seekers turned to power sports for pandemic recreation, The Toronto Star reported.

BRP names Tran CFO amid powersports leadership shifts

Powersports manufacturers, lenders and dealer groups have reshuffled leadership since August as companies expand captive finance operations, invest in artificial...

Completed Mastercraft Boat Co. inboard speed boats sit after rolling off the assembly line at the Mastercraft factory in Vonore, Tennessee, U.S. on Tuesday, Feb. 4, 2014. Orders for U.S. factory goods, excluding transportation, rose .2 percent in December, according to data released by the Census Bureau. Photographer: Luke Sharrett/Bloomberg

MasterCraft net sales rise 22.8% on heels of Marine Products acquisition

Performance and leisure powerboats manufacturer MasterCraft Boat Holdings' acquisition of recreation and sport fishing powersports maker Marine Products contributed to...

US retail sales jump by most in two years on car-buying rush

US retail sales rose substantially in March on a jump

Used marine demand up as rates, inflation, more pressure customers

Marine dealers are navigating shifting seasonal demand, with some preparing to lean into year-round marketing to keep clients engaged. Demand has been "pretty...

US RV registrations drop 22% YoY in July amid high fuel prices

High gas prices and elevated interest rates led fewer consumers to register RVs year over year in July. RV registrations...

BRP names Tran CFO amid powersports leadership shifts

Powersports manufacturers, lenders and dealer groups have reshuffled leadership since August as companies expand captive finance operations, invest in artificial...

MasterCraft net sales rise 22.8% on heels of Marine Products acquisition

Performance and leisure powerboats manufacturer MasterCraft Boat Holdings' acquisition of recreation and sport fishing powersports maker Marine Products contributed to...

S&P sees high risk of Ford, GM ratings downgrade on auto tariffs

Ford Motor Co. and General Motors Co., along with nearly

Used marine demand up as rates, inflation, more pressure customers

Marine dealers are navigating shifting seasonal demand, with some preparing to lean into year-round marketing to keep clients engaged. Demand has been "pretty...

US RV registrations drop 22% YoY in July amid high fuel prices

High gas prices and elevated interest rates led fewer consumers to register RVs year over year in July. RV registrations...

BRP names Tran CFO amid powersports leadership shifts

Powersports manufacturers, lenders and dealer groups have reshuffled leadership since August as companies expand captive finance operations, invest in artificial...

MasterCraft net sales rise 22.8% on heels of Marine Products acquisition

Performance and leisure powerboats manufacturer MasterCraft Boat Holdings' acquisition of recreation and sport fishing powersports maker Marine Products contributed to...

Trump floats exceptions for auto parts facing 25% US tariffs

President Donald Trump said he is exploring possible exemptions to

Used marine demand up as rates, inflation, more pressure customers

Marine dealers are navigating shifting seasonal demand, with some preparing to lean into year-round marketing to keep clients engaged. Demand has been "pretty...

US RV registrations drop 22% YoY in July amid high fuel prices

High gas prices and elevated interest rates led fewer consumers to register RVs year over year in July. RV registrations...

BRP names Tran CFO amid powersports leadership shifts

Powersports manufacturers, lenders and dealer groups have reshuffled leadership since August as companies expand captive finance operations, invest in artificial...

MasterCraft net sales rise 22.8% on heels of Marine Products acquisition

Performance and leisure powerboats manufacturer MasterCraft Boat Holdings' acquisition of recreation and sport fishing powersports maker Marine Products contributed to...

Audi’s top-selling SUV expected to be unsellable in US after Trump tariffs

The Audi Q5 is the German brand’s top-selling vehicle in

Used marine demand up as rates, inflation, more pressure customers

Marine dealers are navigating shifting seasonal demand, with some preparing to lean into year-round marketing to keep clients engaged. Demand has been "pretty...

US RV registrations drop 22% YoY in July amid high fuel prices

High gas prices and elevated interest rates led fewer consumers to register RVs year over year in July. RV registrations...

BRP names Tran CFO amid powersports leadership shifts

Powersports manufacturers, lenders and dealer groups have reshuffled leadership since August as companies expand captive finance operations, invest in artificial...

MasterCraft net sales rise 22.8% on heels of Marine Products acquisition

Performance and leisure powerboats manufacturer MasterCraft Boat Holdings' acquisition of recreation and sport fishing powersports maker Marine Products contributed to...

GM, Ford shares get downgrades as banks warn of tariff impacts

Major US automakers saw their shares downgraded on Thursday as

Used marine demand up as rates, inflation, more pressure customers

Marine dealers are navigating shifting seasonal demand, with some preparing to lean into year-round marketing to keep clients engaged. Demand has been "pretty...

US RV registrations drop 22% YoY in July amid high fuel prices

High gas prices and elevated interest rates led fewer consumers to register RVs year over year in July. RV registrations...

BRP names Tran CFO amid powersports leadership shifts

Powersports manufacturers, lenders and dealer groups have reshuffled leadership since August as companies expand captive finance operations, invest in artificial...

MasterCraft net sales rise 22.8% on heels of Marine Products acquisition

Performance and leisure powerboats manufacturer MasterCraft Boat Holdings' acquisition of recreation and sport fishing powersports maker Marine Products contributed to...

US inflation unexpectedly slows down ahead of tariffs impact

US inflation cooled broadly in March, indicating some relief for

Used marine demand up as rates, inflation, more pressure customers

Marine dealers are navigating shifting seasonal demand, with some preparing to lean into year-round marketing to keep clients engaged. Demand has been "pretty...

US RV registrations drop 22% YoY in July amid high fuel prices

High gas prices and elevated interest rates led fewer consumers to register RVs year over year in July. RV registrations...

BRP names Tran CFO amid powersports leadership shifts

Powersports manufacturers, lenders and dealer groups have reshuffled leadership since August as companies expand captive finance operations, invest in artificial...

MasterCraft net sales rise 22.8% on heels of Marine Products acquisition

Performance and leisure powerboats manufacturer MasterCraft Boat Holdings' acquisition of recreation and sport fishing powersports maker Marine Products contributed to...

Harley-Davidson explores $1 billion-plus sale of financing arm

Harley-Davidson Inc. is exploring options for its financing arm including

Used marine demand up as rates, inflation, more pressure customers

Marine dealers are navigating shifting seasonal demand, with some preparing to lean into year-round marketing to keep clients engaged. Demand has been "pretty...

US RV registrations drop 22% YoY in July amid high fuel prices

High gas prices and elevated interest rates led fewer consumers to register RVs year over year in July. RV registrations...

BRP names Tran CFO amid powersports leadership shifts

Powersports manufacturers, lenders and dealer groups have reshuffled leadership since August as companies expand captive finance operations, invest in artificial...

MasterCraft net sales rise 22.8% on heels of Marine Products acquisition