Financial stability brightens Anderson Equipment’s 90th anniversary
Anderson Equipment Group is celebrating its 90th anniversary this year, and company President Judy Anderson told Equipment Finance News that...
Fuso-Hino merger agreement finalized, financing arrangements unclear
The merger between Mitsubishi Fuso and Hino announced this week aims to create a commercial vehicle juggernaut in the Asia-Pacific...
New truck data reflects industrywide downturn
Days’ supply of inventory for new, used and certified pre-owned trucks rose while new and used truck prices declined amid...
Compliance challenges dog equipment lenders, dealers
Equipment dealers and lenders are being dogged by compliance challenges even as the Consumer Financial Protection Bureau’s pullback on Section...
Deere, Toro opportunistic with capital during market slowdown
Equipment manufacturers Toro and John Deere are spending money to seize market opportunities as the farm and agriculture industries remain...
Strong credit fundamentals present opportunities
Corporate credit fundamentals remain strong, with stable leverage and cautious balance sheet use providing a solid foundation to absorb potential...
Toro Co.’s Red Iron originations jump 15.5% YoY
Outdoor power equipment manufacturer The Toro Co.’s joint financing venture Red Iron increased originations volume during the first six months...
Commercial trucks, trailers for sale fall 4% in May
The number of commercial trucks for sale dropped in April as prices for new and used vehicles rose. Equipment Finance...
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