Daimler Truck’s new CEO unveils strategy
German commercial vehicle manufacturer Daimler Truck unveiled new strategic tenets under its new chief executive during the company’s third quarter...
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News
Lenders stress portfolio management as originations rise
The equipment financing climate is heating up, but lenders are cautious, facing potential challenges tied to portfolio quality and compliance....
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Fed cuts rates for second-straight meeting to support economy
The Federal Reserve cut its benchmark lending rate by a quarter percentage point Thursday, extending efforts to keep the US...
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Average new commercial vehicle price hits $113,326
The average price of a new commercial vehicle, up to four model years old, is $113,326 today, while 2025 models...
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Ford fleet sales rise; GM fleet sales fall
Ford benefited from its commercial vehicles segment in the third quarter, while General Motors got a boost from its financial...
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Equipment finance digital adoption rate sees gains
Adoption of digital transactions in equipment finance grew again annually as dealers and lenders turned to digital workflows for compliance...
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Presidential election ’24: Implications for the equipment finance industry
The future of the equipment finance industry will be a bit clearer after today’s presidential election resolves, but regardless of...
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Hyster-Yale dealer sales slip following supply chain issues
Dealer sales for material handling manufacturer Hyster-Yale fell slightly in the third quarter as supply chain issues delayed product launches...
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