Johnnie Martinez II, Author at Equipment Finance News

Visitors at the Volvo Trucks booth at the IAA Transportation fair in Hannover, Germany, on Monday, Sept. 16, 2024. The commercial vehicle exhibition runs until Sept. 22.

Volvo Financial Services’ financing volume rose in the first quarter as the lender achieved stability in the face of a...

A parked tractor during a protest against changes to an inheritance tax exemption outside the National Farmers' Union (NFU) annual conference in London, UK, on Tuesday, Feb. 25, 2025. Under the new policy, farms valued over £1 million ($1.3 million) would face a 20% tax when handed down from one generation to the next.

Tariff speculation drives down Q1 US tractor sales

byJohnnie Martinez II

April 22, 2025

Farm tractor and combine sales dipped in the first quarter as the agricultural equipment market remained weak due to tariffs...

A PNC Bank branch in Chicago, Illinois, US, on Sunday, Jan. 7, 2024. PNC Financial Services Group Inc. is scheduled to release earnings figures on January 16.

PNC, Huntington report lease financing uptick

byJohnnie Martinez II

April 21, 2025

Regional equipment financiers PNC Bank and Huntington Bank saw growth in their lease financing and commercial and industrial portfolios during...

Ford Pro sales rise, GM fleet sales fall in Q2

Ford develops strategy for tariffs, Ford Pro growth

byJohnnie Martinez II

April 17, 2025

Ford Motor Co. is developing its strategy for how to best manage the tariff situation, John Lawler, vice chair and...

A truck collects a shipping container from Felixstowe port in Felixstowe, UK, on Wednesday, April 9, 2025. The UK doesnt plan to use a get-out clause to override her fiscal rules, even as the US tariff war roiled global markets, forcing down the pound and UK gilts.

Rising tariffs push up fleet costs

byJohnnie Martinez II

April 16, 2025

Rising tariffs — and the potential for more tariff-related fees — could represent a significant cost increase for fleet managers...

American Truck Dealers names Gelb president

Truck pre-buy activity delayed as tariff concerns grow

byJohnnie Martinez II

April 15, 2025

As truck dealers and fleet managers delay truck orders due to tariff concerns, pre-buy activity related to upcoming emissions standards...

A Fendt 728 Vario Series at the World Agriculture Expo in Tulare, California, US, on Tuesday, Feb. 13, 2024. The annual World AG Expo has more than 1,200 exhibitors displaying the latest in farm equipment, chemicals, communications, and technology.

Used ag equipment market mixed as dealer inventory concerns persist

byJohnnie Martinez II

April 14, 2025

Used agriculture equipment inventories and values improved at auction in March, but dealers continue to face inventory challenges. High-horsepower tractor...

National Equipment Dealers dealer partner Jacob May dies

byJohnnie Martinez II

April 11, 2025

Jacob May, founder of May Heavy Equipment and dealer partner of the National Equipment Dealers, died unexpectedly on April 7...

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