F&I revenue slides for Rush, Penske in 2024
Rush and Penske Automotive Group reported a drop in finance and insurance revenue in 2024 as lingering effects of a...
Nikola files for bankruptcy
Commercial EV maker Nikola has filed for Chapter 11 bankruptcy, culminating a yearslong struggle and raising questions about the future...
Used ag equipment inventory wanes as values creep up
Agriculture equipment dealers put a dent in their used inventory last month as auction values ticked up, but there’s still...
Dealers, lenders collaborate to offload old equipment
Equipment dealers and lenders are joining forces to offload older inventory that still has plenty of life left in the...
Rental house reign continues as Herc, United revenues jump
Equipment rental houses Herc Rentals and United Rentals capitalized on surging demand in 2024 and made several plays in the...
Dealers, lenders must balance speed, accuracy in digital age
Equipment dealers and lenders are closing deals faster than ever amid the digital revolution, but collaboration is key as they...
Section 1071 ‘likely dead’ as CFPB’s work is halted
Section 1071, a new regulatory challenge that equipment lenders have been gearing up for, may have just vanished into thin...
Subsidies could soar under Trump, but frozen funds worry farmers
Expected farm subsidies under President Donald Trump contributed to improved farmer sentiment last month, but a recent freeze of federal...
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