Durable goods new orders increased as shipments declined in May
New orders for durable goods rose in May for the third straight month as companies continued to navigate rising interest ...
Tag: equipment finance
Robots, drones and driverless tractors usher in new age of farming
Tractors plow the farm fields without drivers, guided by satellites and iPhones. Solar-powered robots tend to plants on the ground ...
CFPB extends Section 1071 compliance deadlines
The Consumer Financial Protection Bureau on June 25 extended the deadline for small businesses to adopt more stringent data collection ...
Equipment loan delinquencies rise MoM in May
Equipment asset-backed securities 60-plus-days delinquencies rose sequentially in May across all publicly rated deals, amid mixed overall credit performance as ...
One in five public EV chargers in the US don’t work, study finds
Broken and malfunctioning chargers, erratic charging pricing and drivers of regular cars who park in spots reserved for electric vehicles ...
CDK tells customers dealer system likely down until June 30
Car dealerships crippled by a cyberattack on software provider CDK Global probably won’t have their systems restored until the end ...
CDK Global attack impacts truck dealers
Commercial truck dealers continue to feel the impact of a cybersecurity attack on dealer management system provider CDK Global. Penske ...
Car sellers warn investors of possible financial hit from cyberattack
Some of the largest auto dealers in North America are warning of a potential “material” impact to their finances from ...
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