Capital One: ‘Swiss cheese,’ multilayered approach needed to fight fraud
After auto fraud exposure hit record highs in 2024, lenders and dealers are using multilayered fraud-prevention systems and looking to...
Land Pride partners with Vero Technologies on floorplan
Salina, Kan.-based dealer Land Pride is leveraging Vero Technologies, which provides customized floorplan financing programs, to help create dynamic floor...
Lenders look to AI for infrastructure, efficiency
As AI usage grows across all industries, equipment lenders are looking to leverage it for their own purposes. AI is...
Farmer sentiment improves despite crop declines
Farmers were more optimistic about future conditions in July, despite declining crop prices as evidenced by the rise in the...
Doosan Group to merge Bobcat, Doosan Robotics
Doosan Group’s merger of equipment manufacturer Doosan Bobcat and Doosan Robotics could advance its equipment technology and give Doosan Group...
AGCO, Alamo Group report sales decline in Q2
Farm equipment dealers reported a continued decline in sales in the second quarter. Dealers AGCO and Alamo Group reported slowed...
Daimler Truck unit sales and group revenue are down
German commercial vehicle manufacturer Daimler Truck today reported lower year-over-year unit sales and group revenue in the second quarter. The...
M&A: WesBanco and Premier Financial Corp will merge to form $27B company
M&A activity continues to be at a high point for dealers and lenders, with several mergers announced in July. WesBanco-Premier...
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