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 ...
Tag: trucking
Revenue spikes for truck OEM captives
The financing arms of truck manufacturers Paccar and Traton Group reported increased revenue in the third quarter as market conditions ...
Penske, Rush see drop in finance, insurance revenue
Penske Automotive Group and Rush Enterprises saw declines in finance and insurance revenue in the third quarter, but increased sales ...
Volvo Earnings Drop on Waning Freight, Construction Demand
Volvo AB’s earnings declined in the third quarter as the truckmaker struggled with slowing demand for heavy-duty rigs in most ...
Used-truck inventories fall ahead of possible glut
Used-truck inventory declined in all major categories last month, but prices have yet to reflect recent improvements in the industry. ...
Trade groups, dealers respond to new EV regulation
A plethora of financial incentives have led to a surge in EV commercial truck sales in California, but dealers may ...
Inventory exceeds registrations as Class 8 orders rise
Orders for Class 8 trucks rose in September, pushing inventories ahead of registrations, while medium-duty truck orders dropped. After years ...
Truck parts maker Accuride files for Chapter 11 bankruptcy
Commercial-truck parts maker Accuride Corp. filed for Chapter 11 bankruptcy protection after the company burned through cash amid a freight ...
