California truck dealers invest in EV infrastructure
As pressure to increase commercial electrification grows across the trucking industry, California dealers and agencies continue to develop and invest ...
Tag: equipment finance
Cat Financial profit up 41% on higher financing rates
Cat Financial, the equipment financing arm of Caterpillar, reported a 2023 profit of $563 million, up 5% from 2022, spurred ...
Old farm tractors go high tech as AGCO tries to compete with Deere
Illinois farmer Leon Adams’ corn planter sits at the center of a strategy by AGCO Corp. to expand in the ...
ATD dealers look to challenge legislators over electrification standards
LAS VEGAS – American Truck Dealers leaders are looking for fellow dealer members to challenge government agencies to convey their ...
Strong North American sales bolster Hitachi Construction Machinery Q3 results
Strong sales of mining trucks and public works equipment in North America pushed Hitachi Construction Machinery’s fiscal third-quarter 2023 net ...
Lenders seek more collaboration with dealers on finance packaging
Equipment finance lenders want more collaboration with dealers in order to develop the best financing packages and maximize value for ...
New York Community Bank’s equipment finance outstandings grow in fourth quarter
New York Community Bank’s equipment finance outstandings represented nearly 27% of the bank’s overall commercial and industrial portfolio in fourth-quarter ...
Oversupply a red flag for ag dealers
DALLAS – Traffic is building on ag equipment dealer lots. Dealers at the North American Dealer Conference are nearly uniform ...
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