Johnnie Martinez II, Author at Equipment Finance News

Vehicles for sale at an AutoNation Honda dealership in Fremont, California, US, on Monday, June 24, 2024. The hack that's disrupted business at thousands of car dealerships in North America is now in the process of getting resolved, the targeted software provider CDK Global said.

Auto industry practices are increasingly influencing equipment finance as more leaders cross over between the industries, where similar business models...

Equipment finance leaders urge collaboration as uncertainty persists

byJohnnie Martinez II

October 21, 2025

Facing excess inventory, elevated equipment prices and tightening credit, leaders in the equipment finance industry say collaboration among dealers, lenders...

A worker monitors production at the DAF Trucks NV factory in Eindhoven, The Netherlands, on Friday, May 25, 2007. DAF Trucks NV, the Dutch division of U.S. truckmaker Paccar Inc., plans next month to increase daily production at its main plant by about 5 percent to 192 vehicles as European freight transport booms.

Paccar Financial continues growth amid truck sales slowdown

byJohnnie Martinez II

October 21, 2025

Paccar Financial Services, the financial arm of truck manufacturer Paccar, saw revenue and assets increase during the third quarter despite...

The Huntington National Bank Tower stands in downtown Pittsburgh, Pennsylvania, U.S., on Thursday, April 2, 2015. Pittsburgh last month announced the creation of the Envision Downtown Advisory Committee, a group of 24 civic and community leaders tasked with improving mobility, accessibility, and livability in the downtown area.

FNB, Huntington, PNC see lease financing growth

byJohnnie Martinez II

October 20, 2025

First National Bank, Huntington Bank and PNC Bank grew their equipment lease financing portfolios during the third quarter. FNB equipment...

The grille of a Volvo VNR electric truck at Hight Logistics in Long Beach, California, US, on Monday, Dec. 5, 2022. Forum Mobility replaces diesel drayage freight trucks, a major source of toxic emissions, with electric models for a monthly fee.

Volvo Financial Services originations decline 8.6%

byJohnnie Martinez II

October 17, 2025

Volvo Financial Services’ originations fell in the third quarter, although the lender’s penetration rate and number of units financed rose. ...

The Canadian Western Bank headquarters in Edmonton, Alberta, Canada, on Monday, June 17, 2024. National Bank of Canada agreed to buy Canadian Western Bank for about C$5 billion ($3.6 billion) in stock in a tie-up of two of the country's regional lenders.

More M&A activity could spur increased lender opportunity

byJohnnie Martinez II

October 16, 2025

Lenders in the equipment industry can stay ahead of disruptions from continued M&A activity by joining the party through acquisitions...

Commercial and residential buildings rise out of the skyline in this elevated view of Tokyo, Japan, on Thursday, Nov. 13, 2008. Real estate values are tumbling in New York, London and Tokyo as the global credit crisis has roiled lending and sidelined buyers.

Flagstar’s leadership shift sharpens equipment finance focus

byJohnnie Martinez II

October 15, 2025

Flagstar Bank is realigning its commercial division, unifying its secured lending businesses into one specialty finance brand. Uniting the bank’s...

Morgan Olson, Huddig, HD Hyundai prioritize versatility, serviceability for dealers, rental houses

byJohnnie Martinez II

October 14, 2025

Equipment manufacturers are prioritizing versatility and serviceability to meet the demands of dealers and rental houses, in addition to consumer...

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