Volvo Financial Services sees 4.6% increase in financed units
Volvo Financial Services reported mixed results in the second quarter as retail financing rose while its credit portfolio shrank. However, parent ...
Tag: Volvo Financial Services
3 more freight companies file for bankruptcy
Three more freight companies have filed for bankruptcy in recent weeks, with some truck lenders claiming millions in unsecured funds. ...
Volvo Financial Services’ credit portfolio swells in 2024
Volvo Financial Services beefed up its credit portfolio in 2024 despite seeing a drop in total financed units. The financing ...
Volvo Financial Services new business volume drops 5% in Q2
Volvo Financial Services’ new business volume dropped 5% in the second quarter, mirroring Q1 declines. Parent company Volvo Group reported ...
Volvo Financial Services new business volume down 5% in quarter
Volvo Financial Services’ new business volume dropped 5% in the first quarter of 2024 as the number of units it ...
Volvo Financial Services’ new business volume, credit portfolio jump in 2023
Volvo Financial Services posted an increase in new retail business volume in 2023 as the captive’s penetration rate slipped. The ...
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 ...
Volvo pushes installation, marketing efforts to vendors for electrification
Volvo Group’s subsidiaries are providing installation and marketing support to vendors looking to sell the OEM’s electrified equipment in a ...
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