Powersports Finance News
HDFS originations slide, losses rise
Harley-Davidson Financial Services’ origination volume shrank in the second quarter as credit losses picked up and sales of electrified bikes...
Haig Partners’ Derek Garber to present at Powersports Finance Summit
Haig Partners Vice President Derek Garber will lead a presentation on dealer consolidation and the future of powersports finance at...
Polaris incentives up 34% since yearend
Powersports manufacturer Polaris increased its promotional activity in the second quarter as North American retail sales and dealer inventory rose...
Sheffield Financial originations grow 21% YoY
Sheffield Financial, Truist Bank’s powersports lending arm, logged double-digit growth in originations during the second quarter. Winston Salem, N.C.-based Sheffield...
Huntington auto originations dip 39% YoY
Huntington Auto Finance originations dipped in the second quarter as net interest margins rose while the regional bank prepares for...
U.S. Bank’s Kristina Bolte talks omnichannel in powersports
U.S. Bank is bringing lessons learned from auto into powersports finance. The Minneapolis-based bank is doubling down on its consumer...
RV values rise as auction volume declines
Recreational vehicle values rose in May while shipments and auction volumes fell due to sustained dealer inventory. The average selling...
Cash purchases increase for powersports amid rising interest rates
Some powersports customers are paying in cash instead of financing their purchases amid rising interest rates, as the Federal Reserve...
