Dealer rentals to grow as bonus depreciation phases out
CHARLOTTE – Rental business at dealerships is poised to gain traction in the coming years as depreciation tax benefits on...
Mitsubishi HC Capital Canada to finance Lion Electric EVs
Mitsubishi HC Capital Canada and ENGS Commercial Finance are providing financing to electric vehicle manufacturer Lion Electric for the company’s...
Career path, technology investment key to powersports employee retention
Employee retention poses a significant problem for the powersports industry, and dealers are putting an increased focus on career development...
Arvest Bank rolls out lending product
Arvest Bank launched an equipment finance lending product on cloud-native core banking platform Thought Machine. The $26 billion bank decided to run...
Subprime powersports lessor eyes dealer expansion
Powersports lessor Horsepower Financial Services is looking to make itself a household name with dealer partners by expanding its product...
Sheffield Financial taps into growing on-road, golf cart demand
Demand for on-road motorbike and golf cart financing is growing, creating an opportunity for powersports lender Sheffield Financial to gain...
Used vehicles, pricing key to future of powersports industry
LAS VEGAS — Used vehicles pose a significant opportunity for powersports dealerships as macroeconomic pressures contribute to a market shift. ...
Future of powersports software tied to automation, engagement
LAS VEGAS — Powersports software companies are leveraging automation and bundled solutions to improve dealer management systems. © Can Stock...
