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Ford Credit EBT jumps 88%
Ford Credit’s earnings rose in the second quarter, but the captive's penetration rate declined, and lease share shrank amid a...
Honda Powersports launches nonprime financing with Octane
Powersports lender Octane has inked an agreement with Honda that allows nonprime customers to finance Honda powersports products for the...
Nominations for the Powersports Achievement Awards now open
The Powersports Finance Achievement Awards are the premiere designation for achievement within the powersports industry. The nomination period is now...
Hyundai, Kia face $5 billion hit from US-Korea auto tariff deal
Hyundai Motor Co. and affiliate Kia Corp. could face as much as $5 billion in additional costs this year under...
HOG sells $5B in HDFS loans to asset management firms
KKR & Co. and Pacific Investment Management Co. have each agreed to purchase a stake in Harley-Davidson Financial Services and...
Asbury Auto F&I revenue drops 5.4% in Q2
Asbury Automotive and Penske Automotive’s finance and insurance profits tumbled in the second quarter as sales were mixed and dealerships...
Camping World F&I revenue hits record $201M in Q2
Camping World reported record finance and insurance revenue and RV sales in the second quarter, marking the fifth consecutive quarter...
Powell cites inflation risk as Fed holds interest rates steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs and...
