Powersports Finance News
Seasonality brings powersports value declines in September, market remains ‘volatile’
Values for warm-weather powersports products declined month over month in September, pointing to a potential period of normal seasonality following...
RV Depot to launch automated credit decisioning in November
Texas-based recreational vehicle dealership RV Depot is adopting an automated credit-decisioning platform in an effort to increase origination volume. The...
Kawasaki launches incentive programs valid through the end of the year
Kawasaki has announced incentive programs available through December despite the ongoing inventory crunch that continues to impact the powersports industry....
Tekion valued at $3.5 billion as Durable, Alkeon, Hyundai invest
Tekion, a cloud-based automotive software provider, has more than tripled its valuation to $3.5 billion after raising $250 million from...
Sheffield Financial launches Suzuki Marine financing program
Sheffield Financial, a division of Truist Bank, is expanding its partnership with Suzuki to include marine dealers. Sheffield, which has...
Marine registrations fall 24% YoY in August as supply remains squeezed
Despite continued strong demand, retail boat registrations declined in August as a lack of inventory forced consumers to hold off...
August RV values decline for first time in months
The recreational vehicle market may be cooling down for the first time in seven months, as evidenced by an August...
MotoLease and Yamaha Financial Services executives join PFS speaker faculty
Ashley Cooper, senior group manager of retail finance sales and marketing at Yamaha Financial Services, and Jason Davis, dealer relations...
