Retailer West Marine closes 59 stores amid Chapter 11 proceedings
West Marine's Chapter 11 bankruptcy could result in as many as 95 shuttered locations, with 59 closures identified to date. ...
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Yamaha raises $400M through inaugural powersports, marine floorplan ABS deal
Yamaha Motor Finance Corp. USA on June 1 closed a $400 million dealer floorplan asset-backed securitization transaction, its first term ABS...
BRP cuts FY27 guidance by 46% as tariffs pressure margins
BRP lowered its earnings outlook for fiscal 2027 after revised U.S. tariffs created what leaders there estimate will be as much as $293 million in incremental costs in 2026. The Canadian powersports manufacturer now expects normalized diluted earnings...
Kunes Auto’s first CTO aims to unify auto, RV technology operations
The first chief technology officer hired by Kunes Auto and RV Group and parent company Delavan Holdings said he plans in his first year to establish a consistent technology...
Octane inks $350M forward-flow deal with Nuveen
Fintech powersports lender Octane closed a $350 million forward-flow deal with investment manager Nuveen, the latest in the lender’s efforts...
Harley-Davidson electric subsidiary LiveWire acquires Dust Moto
Harley-Davidson subsidiary LiveWire Group has acquired the assets of electric dirt bike startup Dust Moto as the company expands further into the off-road electric motorcycle...
RideNow secures $35M in floorplan loan
RideNow Group Inc. secured an additional $35 million in floorplan financing capacity, expanding the company’s liquidity as it continues efforts...
RideNow’s F&I revenue up 3.3% in Q1
Powersports retailer RideNow Group’s finance and insurance revenue rose in the first quarter as same-store revenue, gross profit and unit volume increased, extending...
Podcast: Financing key for 81% of shoppers when making large purchases
Powersports dealers are introducing financing discussions earlier in the buying process as affordability concerns and economic uncertainty shape consumer behavior...
