GM names Aldred president of North America operations
General Motors has promoted Duncan Aldred to senior vice president and president of GM North America, effective May 5. Aldred, ...
Tag: equipment finance
Rush, Penske F&I revenues fall in Q1
Major truck dealers reported decreased aftermarket parts and service revenues in the first quarter while seeing mixed results in other ...
NFS Leasing rebrands as NFS Capital to drive growth
Independent equipment financier NFS Leasing will rebrand as NFS Capital as part of its long-term growth strategy. Under its new name, the Beverly, ...
Global equipment manufacturers see materials sales slide
Equipment manufacturers Terex and Bobcat experienced a sales downturn in the first quarter, as material handling and processing sales slipped, ...
Brookline, Banc of California pull back equipment lending in Q1
Brookline Bancorp and Banc of California shrank their equipment finance businesses in the first quarter, while First Citizens BancShares’ revved ...
Construction, industrial rental penetration hits record high
The U.S. construction and industrial equipment rental market continued its upward trend in the first quarter of 2025, with rental ...
CNH Industrial Capital portfolio falls 2.4% in Q1
CNH Industrial Capital’s originations fell in the first quarter as penetration rates improved despite lower agricultural and construction equipment sales ...
Agco sales sink 30% in Q1
Farm equipment manufacturer Agco’s sales plunged in the first quarter amid tight cash flow for farmers and geopolitical friction, and ...
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