Workhorse CEO Scott Griffith on financing strategy, EV truck outlook
Commercial EV manufacturer Workhorse is sharpening its financing model as it looks to address residual value uncertainty and affordability concerns. The EV truck...
Penske F&I revenue falls 22.2%
Truck dealers Rush Enterprises and Penske Automotive Group continued to see sluggish sales in the first quarter amid persisting market challenges. Commercial truck sales in...
CNH Industrial Capital originations drop 10%
CNH Industrial Capital saw originations slide and delinquencies rise in the first quarter amid ongoing agriculture industry woes. The financing arm...
Traton Financial Services revenue up 12.8%
The financing arm of commercial vehicle OEM Traton Group posted higher revenue in the first quarter despite decreased unit sales. Traton...
Herc Rentals total revenue jumps 32.3% in Q1
Herc Rentals' revenue soared in the first quarter as it continues to capitalize on large construction projects while improving fleet...
Volvo Financial Services originations drop 8%
Volvo Financial Services saw originations slide in the first quarter as construction equipment orders plunged at the parent company, partially offset...
DLL Sales Manager Heidi Brooks joins Equipment Finance Connect
Heidi Brooks, U.S. sales manager – commercial finance at global equipment financier DLL, will discuss data analytics tools, credit conditions and inventory management strategies at...
Meridian OneCap reduces ‘expensive mistakes’ with AI
Meridian OneCap Credit is benefiting from AI deployment in areas that require significant policy and procedure considerations. AI integration has enabled the Canadian equipment lender...
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