Finance and insurance revenue falls for major truck dealers
Rush Enterprises and Penske Automotive Group reported decreased finance and insurance revenue in the second quarter while seeing slight bumps...
Read moreDetails
News
Daimler Truck unit sales and group revenue are down
German commercial vehicle manufacturer Daimler Truck today reported lower year-over-year unit sales and group revenue in the second quarter. The...
Read moreDetails
Commercial truck lenders optimistic for 2025 and beyond
The financial outlook on commercial trucking is starting to brighten with glimmers of hope amid a yearslong recession. While challenges...
Read moreDetails
CNH Industrial Capital originations up more than 3%
CNH Industrial Capital originations increased in the second quarter as lower sales at the parent company and higher delinquencies offset...
Read moreDetails
M&A: WesBanco and Premier Financial Corp will merge to form $27B company
M&A activity continues to be at a high point for dealers and lenders, with several mergers announced in July. WesBanco-Premier...
Read moreDetails
Powell says rate cut ‘could be’ on table at Fed’s next meeting
Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September after the US central bank...
Read moreDetails
ELFA: New business volume, employment fall in June
New business volume in equipment finance slowed year over year in June. The stall is attributed to fewer new bank...
Read moreDetails
Spike in rental rates drives revenue growth in Q2
H&E Equipment Services, Herc Rentals and United Rentals all reported year-over-year revenue growth in the second quarter as rental rates...
Read moreDetailsProud Member Of
Check Out Our Industry Event
