Powersports Finance News
EV powersports OEM Taiga gains traction
Electric personal watercraft and snowmobile manufacturer Taiga Motors’ deliveries jumped in the second quarter of 2023 as the company expanded...
Powersports outlook up despite macroeconomic pressures
Powersports industry leaders are confident in the market's future in the second half of the year despite interest rates driving...
Powersports incentives return as inventory grows
Powersports manufacturers are bringing back incentives as inventory improves and products sit longer on dealer lots. The return of incentives...
National Powersports Dealers Association partners with Powersports Finance Summit 2023
The Powersports Finance Summit and the National Powersports Dealers Association have agreed to partner to expand the scope and value...
American Cycle Finance looks to combat first-party fraud
Motorcycle financier American Cycle Finance has begun to address a rise in first-party fraud amid elevated interest rates and tight...
RumbleOn preps its loan portfolio sale
RumbleOn is preparing to sell its loan portfolio to an undisclosed buyer as the powersports retailer looks to restructure its...
Marine interest rates top 9%, quell consumer appetite
Rising interest rates are dampening consumer demand for boats and pushing down sales at marine manufacturer Brunswick and marine retailer...
Camping World F&I drops 15% YoY
Camping World’s second-quarter finance and insurance revenue continued to decline year over year as the dealer group emphasized growing used-vehicle...
