Towable values drop 13% as dealer inventory woes persist
Towable and motorhome values dropped in July alongside RV shipments as dealers and OEMs navigated inventory concerns created by pandemic-related...
Read morePodcast: ‘Weekly Wrap’ takes on auto ABS market, powersports
Banks continued to tap the auto asset-backed securitization market last week to offload consumer debt amid shrinking deposits. Fifth Third,...
BRP ends surcharges for 2024
Powersports OEM BRP will discontinue dealer surcharges as pandemic-related supply chain issues resolve and expenses decrease. BRP informed dealers earlier...
Octane drives up originations in H1
Octane drove up originations in the first half of 2023 as the powersports lender continued to increase its base of...
Verge navigates financing options in tight market
Electric vehicle OEM Verge Motorcycle aims to expand its premium electric motorcycle business further into international markets with the help...
Subprime lender SAFCO names CFO, other staff moves …
Person takes over as CFO at SAFCO Jason Person has been appointed chief financial officer at Southern Auto Finance Co....
Yamaha Marine expands boat connectivity solutions
Marine manufacturer Yamaha Marine is expanding its connected boat offerings to include 2024 models from several manufacturers. Yamaha Marine, through...
Nominations open for the inaugural Powersports Finance Achievement Awards
Nominations are now open for the first annual Powersports Finance Achievement Awards, which celebrate excellence in powersports lending and leasing. ...
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...