Volvo Financial Services originations up 18%
Commercial financier Volvo Financial Services’ new retail financing volume reached a record in the third quarter amid “fierce competition” from ...
Tag: equipment finance
California has an electric big rig mandate, manufacturers will struggle to meet it
California became the first state in the US to set emissions standards for trucks earlier this year. The rules are ...
Farm equipment inventory is up 36% YoY
Agriculture equipment inventories picked up in September, a time when seasonality typically drives supply down. Agriculture equipment inventories and values ...
Construction equipment market stabilizes
Construction equipment activity is normalizing as dealer inventory reaches traditional levels and auction inventory slows. Construction equipment demand, inventories and ...
EquipmentShare issues $1B in private bond offerings
Equipment rental and asset management company EquipmentShare issued a combined $1 billion in private bond offerings this year as the ...
Equipment industry repos, abandonments on the rise
Equipment repossessions and abandonments continue to grow in the equipment industry as default rates rise from pandemic-era lows. Repossessions have ...
UAW says 4,000 union workers at Mack Trucks will strike Monday
Around 4,000 United Auto Workers members at Mack Trucks will strike Monday after rejecting a tentative agreement in the latest ...
Small-ticket financing creating collections problems
Fake and missing addresses are creating hiccups in the collections process for equipment lenders as charge-offs increase and credit conditions ...
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