Powersports Finance News
Kawasaki adds Octane as prime lender
Octane Lending is set to offer promotional financing for Kawasaki Motor Corp. recreational units in a move that will expand...
Inside Massimo Group’s $25M IPO
Powersports vehicle manufacturer Massimo Group has filed a $25 million initial public offering as the company looks to grow its...
Revving up: Top 5 powersports stories of 2023
The powersports industry in 2023 was marked by waning consumer demand, elevated interest rates and technological advancement. Powersports lenders increased...
Powersports promotions rise in December
Powersports promotions increased in December on a year-over-year basis as dealership inventory rose and consumer demand deteriorated. Manufacturers have been...
NYC Council member pushes e-bike registration
A quiet war is being fought in New York over e-bike registrations. New York City Council member Robert Holden and...
RV sales down as dealers de-fleet old models
New retail sales of recreational vehicles are projected to be down by 20% in 2023 as dealers spent much of...
KKR buys BMO’s $7B RV loan portfolio as banks shed debt
A group led by KKR & Co. has purchased a roughly $7.2 billion portfolio of recreational vehicle loans from Canada’s...
Powersports financiers gain new market share amid CU tightening
Credit unions have lost ground in new-unit powersports financing this year amid rising rates and an uptick in competition, opening...
