John Deere Financial profit jumps 34%
John Deere Financial’s net income surged in its fiscal third quarter as its leasing portfolio grew while equipment sales dropped ...
Tag: equipment finance
Lender M&A: Huntington expands Texas presence with $1.9B Veritex acquisition
Equipment lenders led merger and acquisition activity in July, as banks and independent financial institutions looked to expand market presence ...
Used Class 8 dealer sales spike 5.5%
Preliminary same-dealer retail sales of used Class 8 trucks rose 5.5% month over month and 2% year over year in ...
Volvo weighs in on truck OEMs’ lawsuit vs. CARB
Volvo Group is among the trucking industry titans Daimler Truck, Paccar and International Motors suing the California Air Resources Board ...
Telematics, fleet management boost Ford Pro revenue
Ford Pro is boosting its software revenue, parts sales and margins through telematics and digital fleet management subscriptions as it ...
BMO said to weigh $1 billion sale of transportation finance arm
Bank of Montreal is exploring a sale of its transportation finance business, which could fetch about $1 billion, according to ...
NextGear Capital salvage, heavy-duty truck portfolios grow 51%
Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth ...
New, used truck prices rise 2% in July
Commercial truck prices rose in July as tariffs continued to drive up prices amid other pressures such as lower spot ...
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