Upstart auto originations plummet amidst lender caution
AI-driven lending platform Upstart’s auto originations declined significantly in the fourth quarter as high interest rates caused lenders to scale...
Axis Auto originations fall 77%
Canadian subprime lender Axis Auto Finance tightened credit parameters in the second quarter of its fiscal year 2024 ending Dec....
5 questions with … Mark Pregmon, VP of consumer lending at USAA
USAA Vice President of Consumer Lending Mark Pregmon aims to lead his team with humility and a servant leadership mindset...
Motorhome values rise in December, registrations slow
Motorhome auction values jumped in December while towable values fell and retail registrations declined. Average motorhome values jumped 16.1% month...
Off-road motorcycle finance penetration at 59%
More than half of off-road adventure motorcycles were financed in 2023, new data shows. The finance penetration rate for off-road...
Black Book: Used-powersports values to normalize by yearend
LAS VEGAS — Motorcycle and other powersports used-vehicle values are on the verge of settling back into historical seasonal trends...
Powersports e-commerce gains traction — up to a point
LAS VEGAS — Online research and shopping for powersports units is gaining traction in the industry, but consumers remain hesitant...
NPA’s Woodruff projects flat motorcycle sales in 2024
LAS VEGAS — National Powersport Auctions Chief Executive Jim Woodruff expects motorcycle sales in 2024 to remain flat with 2023...
