Equipment lenders look to niche markets for growth
Equipment finance providers are expanding into growth verticals like solar, supporting domestic manufacturing reinvention and offering flexible financing strategies, in...
Workhorse Group adjusts dealer model following Motiv merger
Commercial medium-duty EV truck manufacturer Workhorse Group is revamping its dealer sales model as part of its planned merger with...
Taycor Financial, LiuGong launch rental partnership
Taycor Financial and Chinese construction equipment manufacturer LiuGong are launching an equipment rental program designed to help dealers and rental...
Equipment industry expects challenges from tariff expansion
Equipment manufacturers and dealers face increased costs after the expansion of goods covered under Section 232 tariffs on steel and...
Ferronordic Q2 revenue dips amid uncertainty of US trade, tax policies
Construction and truck equipment dealer Ferronordic’s total revenue declined in the second quarter, attributed to uncertainty around U.S. trade and...
Lender M&A: Huntington expands Texas presence with $1.9B Veritex acquisition
Equipment lenders led merger and acquisition activity in July, as banks and independent financial institutions looked to expand market presence...
Telematics, fleet management boost Ford Pro revenue
Ford Pro is boosting its software revenue, parts sales and margins through telematics and digital fleet management subscriptions as it...
New, used truck prices rise 2% in July
Commercial truck prices rose in July as tariffs continued to drive up prices amid other pressures such as lower spot...
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