United Auto Workers call unprecedented strike at all three Detroit automakers
The United Auto Workers began a strike Friday against all three of the legacy Detroit carmakers, an unprecedented move that ...
Tag: commercial financing
TRATON Financial Services revenue up 21% YoY
TRATON Financial Services’ revenues increased in the first half of 2023 as unit sales picked up for trucks and buses. ...
Used-truck gains push up PACCAR Financial revenue
Increasing used-truck profitability pushed up PACCAR Financial Services revenue in the second quarter as sales and managed assets jumped. PACCAR ...
Volvo Financial Services originations set record
Commercial financier Volvo Financial Services’ commercial book grew in the second quarter alongside strong deliveries and industry demand. Volvo Financial ...
DLL expands into utility trailer floorplan financing
Equipment financier DLL has expanded its floorplan financing offerings to include utility trailers as the company looks to grow its ...
Equipment finance confidence improves in June
Confidence in the equipment finance industry improved for the first time since February, as the market stabilized amid tightening credit. ...
Lenders to lean on vendors for data collection
With the March 30 finalization of section 1071 of the Dodd-Frank Act, financial institutions are facing new small business lending ...
May heavy-duty truck auction values decline 28% YoY
Auction values for heavy-duty trucks, medium-duty trucks, and semitrailers decreased in May as the transportation industry adapts to pandemic-related supply ...
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