Toro’s Red Iron net receivables drop 6%
Red Iron, the finance joint venture minority owned by power equipment manufacturer The Toro Co., reported a decline in net ...
Tag: OEM
AGCO, Alamo Group sales fall in Q3
Farm equipment manufacturers AGCO and Alamo Group reported decreased sales in the third quarter, illustrating agriculture industry woes. Low commodity ...
Presidential election ’24: Implications for the equipment finance industry
The future of the equipment finance industry will be a bit clearer after today’s presidential election resolves, but regardless of ...
CNH lays off quarter of staff at Wisconsin facility
Agriculture and construction equipment manufacturer CNH Industrial has issued layoff notices to more than a quarter of the workers at ...
Sany, Wabash appoint new leaders
Several heavy-equipment manufacturers have undergone leadership shake-ups over the past month. In addition, the Certified Lease & Finance Professional Foundation ...
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 ...
Komatsu retail finance originations rise 13%
Japanese OEM Komatsu’s retail finance originations increased during the first nine months of the company’s fiscal 2023 due to favorable ...
Komatsu retail finance originations increase 10% YoY
Japanese equipment manufacturer Komatsu’s retail finance originations and revenues increased in its fiscal first quarter due to the impact of ...
