powersports Archives

Octane Lending’s latest endeavor with powersports retailer RideNow is in line with its efforts to support dealers in a challenged ...

Podcast: Automakers’ sales increase

byAsh Savage

November 11, 2024

0

Sales at most major automakers increased in October, driven in part by an increase in EV sales. Overall sales increased ...

Octane preps for more growth after $326M securitization issuance

byAsh Savage

November 8, 2024

0

Powersports lender Octane closed a $326 million issuance in the asset-backed securitization market this week as the company preps for ...

Powersports lenders reimagine tech, buyer programs

byAsh Savage

November 6, 2024

0

Powersport lenders are enhancing technology and buyer programs to improve customer and dealer experiences heading into 2025. Affordability concerns have ...

Camping World Holdings Inc. signage is displayed as American Flags fly outside of the New York Stock Exchange (NYSE) during the company's initial public offering (IPO) in New York, U.S., on Friday, Oct. 7, 2016. U.S. stocks fell after jobs data showing steady growth in the labor market likely kept the Federal Reserve on track to tighten monetary policy this year as investors turn to the third-quarter earnings season.

Camping World F&I revenue up 1.6% year over year

byAsh Savage

October 29, 2024

0

RV dealer group Camping World’s finance and insurance revenue fell sequentially but rose year over year in the third quarter ...

ThunderRoad Financial taps into ‘eventual recoveries’

byAmanda Harris

October 29, 2024

0

Powersports lender ThunderRoad Financial has garnered strong recoveries on difficult-to-find motorcycles, prompting the lender to pursue units even years after ...

Podcast: Q3 captive originations are mixed

byJames Van Bramer

October 28, 2024

0

Third-quarter earnings were mixed again, with some captives reporting growth in originations while others logged declines. Credit performance worsened across ...