AGCO, Alamo Group report sales decline in Q2
Farm equipment dealers reported a continued decline in sales in the second quarter. Dealers AGCO and Alamo Group reported slowed ...
Tag: equipment finance
US unemployment rate rises again, cementing path to fed rate cut
US hiring slowed markedly in July and the unemployment rate rose to the highest level in nearly three years, suggesting ...
Finance and insurance revenue falls for major truck dealers
Rush Enterprises and Penske Automotive Group reported decreased finance and insurance revenue in the second quarter while seeing slight bumps ...
Daimler Truck unit sales and group revenue are down
German commercial vehicle manufacturer Daimler Truck today reported lower year-over-year unit sales and group revenue in the second quarter. The ...
Commercial truck lenders optimistic for 2025 and beyond
The financial outlook on commercial trucking is starting to brighten with glimmers of hope amid a yearslong recession. While challenges ...
CNH Industrial Capital originations up more than 3%
CNH Industrial Capital originations increased in the second quarter as lower sales at the parent company and higher delinquencies offset ...
M&A: WesBanco and Premier Financial Corp will merge to form $27B company
M&A activity continues to be at a high point for dealers and lenders, with several mergers announced in July. WesBanco-Premier ...
ELFA: New business volume, employment fall in June
New business volume in equipment finance slowed year over year in June. The stall is attributed to fewer new bank ...
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