Manchin sets high bar for Tesla and GM electric-car tax credits
It was tempting when Democrats announced their surprise climate deal to imagine American auto executives popping champagne bottles. But any bubbly probably ought to...
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Nicholas Financial direct originations rise 10%
Nicholas Financial’s indirect and direct originations climbed year over year in the first quarter as the lender focuses on underwriting...
Listen: Weekly Wrap discussion on captives’ 2Q earnings
Earnings season continued in full swing last week, with two major powersports OEMs and two U.S.-based captives reporting second-quarter results....
RV values rise in June after May decline
Recreational vehicle values continue to shift as inventory begins to catch up with demand. Motorhome values rose sequentially in June...
Embracing change: Powersports lenders go full throttle at new opportunities
Steadfast consumer demand for boats, recreational vehicles and motorcycles brought on by the COVID-19 pandemic remains strong two years later,...
Polaris’ incentive spend and finance revenue ticks down in Q2
Powersports manufacturer Polaris spent less on financing incentives in the second quarter as a result of tight inventory, lower retail...
What’s behind the recent retreat in auto ABS spreads?
A recession should lead to wider spreads – but ABS spreads fell for second consecutive straight week. Weekly asset-backed securities...
HDFS portfolio up 3.1% YoY in Q2
Harley-Davidson Financial Services’ (HDFS) managed portfolio rose 3.1% year over year during the second quarter due to increased motorcycle sales...
