Electric vehicle earnings mixed facing uncertain future
Manufacturers Nikola and Lion Electric reported mixed results for the quarter ended March 31, as the electric vehicle market navigates ...
Tag: earnings
John Deere financial services sees 479% income surge
Net income generated by John Deere’s financial services division jumped 479% year over year in its second quarter of fiscal ...
Ferronordic enters US market strong, despite construction softness
Construction and truck equipment dealer Ferronordic completed its first full quarter in the United States with the American division becoming ...
DLL grew global portfolio across all regions in 2023
Equipment financier DLL increased its managed portfolio, net profit and net income in 2023, as it continued to expand its ...
Kubota U.S. equipment sales drop as ag market tightens
Japanese equipment manufacturer Kubota grew its finance receivables by roughly 4.6% in the first quarter, but is bracing for a ...
Hyster-Yale backlog bolsters company performance
Material handling manufacturer Hyster-Yale reduced backlog and increased sales in the first quarter of 2024 as supply chain and lead ...
Rate increases help corporate rental houses overcome inflation
H&E Equipment Services, Herc Rentals and United Rentals posted equipment rental revenue growth in the first quarter as rate increases ...
CNH Industrial Capital originations rise 11%
CNH Industrial Capital originations grew in the first quarter as appetite increased for the captive’s offerings, while delinquencies rose, parent ...
