EV maker earnings show volatility in Q2
EV manufacturers Lion Electric, Mullen Automotive and Nikola remained volatile in the second quarter as the market navigates shifting consumer...
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Used-construction equipment values dip as inventory climbs 46% in July
Used construction equipment values continued to fall in July as inventory piled up on dealer lots, prolonging a yearslong trend...
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US producer prices rise less than forecast, dragged by services
US producer prices rose in July by less than forecast, reflecting the first decline in services costs this year amid...
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Land Pride partners with Vero Technologies on floorplan
Salina, Kan.-based dealer Land Pride is leveraging Vero Technologies, which provides customized floorplan financing programs, to help create dynamic floor...
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US consumers’ delinquency fears rise to highest level since 2020
US consumers are increasingly concerned about falling behind on their bills, with delinquency expectations rising to the highest level since...
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Harbinger expands EV adoption through chassis sales
Commercial EV manufacturer Harbinger plans to capitalize on the medium-duty truck market as more companies explore the growing technology. Garden...
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North American Class 8 truck orders drop 13% in July
North American preliminary net orders for heavy- and medium-duty trucks declined 13% year over year in July amid seasonal slowdowns,...
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Lenders look to AI for infrastructure, efficiency
As AI usage grows across all industries, equipment lenders are looking to leverage it for their own purposes. AI is...
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