HDFS originations inch up 2%, credit losses rise
Harley-Davidson Financial Services’ credit losses inched up while originations increased during the first quarter in tandem with a rise in...
Read moreSynchrony expands BRP financing relationship
Synchrony Financial is providing promotional financing for Canadian powersports manufacturer Bombardier Recreational Products. The lender on Monday added BRP to...
Synchrony-financed brands increase promotions
Synchrony Financial is supporting dealers as more manufacturers lean on promotional financing and rebates to drive sales. Powersports manufacturers are...
Powersports market slows down
Debt burdens, elevated interest rates and dampened consumer demand have contributed to an overall slowdown of the powersports market so...
BRP North American sales dip 10%
Slower snowmobile and personal watercraft sales contributed to a 10% year-over-year decline in Canadian powersports manufacturer Bombardier Recreational Products’ total...
Boat registrations decline 12% as rates deter buyers
Total U.S. boat registrations fell 12% year over year in February as elevated interest rates challenged buyers and demand continued...
‘Not enough demand’: Snowmobile market lags with limited snowfall
Snowmobile retail sales and origination volumes were down during the winter selling season this year as snowfall across the United...
Powersports values fall in February, bucking seasonal trends
Motorcycle and powersports values fell across nearly every segment in February as dealers were flush with new inventory, trending outside...
Podcast: ‘Weekly Wrap’ on powersports, tech investment
Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space and...