Volvo Financial Services’ new business volume, credit portfolio jump in 2023
Volvo Financial Services posted an increase in new retail business volume in 2023 as the captive’s penetration rate slipped. The ...
Tag: earnings
United Rentals equipment rental revenue jumps 13.5%
United Rentals’ revenue set a record in the fourth quarter of 2023 as equipment rental demand persisted and the acquisition ...
Financial Pacific Leasing net charge-offs surge on transportation pressures
Financial Pacific Leasing, the equipment finance subsidiary of Tacoma, Wash.-based Columbia Banking System, saw a surge in net charge-offs in ...
PACCAR Financial Services revenue jumps on increased deliveries
PACCAR Financial Services, the finance arm of truck manufacturer PACCAR, today reported increased revenue for both the fourth quarter and ...
Sunbelt U.S. rental revenue rises 12% to $2.3B
Sunbelt Rentals’ rental revenue grew due to increased volume and rates in its U.S. fiscal second quarter, which ended Oct. ...
Titan Machinery floorplan use rises 158%
Equipment dealer Titan Machinery increased its floorplan use in the third quarter as rising interest rates and growing inventory put ...
Deere projects financial services growth in 2024
Deere & Co. projects financial services growth in fiscal 2024 despite expecting a double-digit decline in net sales across all ...
Alta Equipment construction revenue rises 13%
Equipment vendor Alta Equipment Group’s construction and material handling revenue grew in the third quarter as equipment demand remained elevated ...
