Powersports Finance News
Octane appoints CFO as first president
Powersports lender Octane today appointed Chief Financial Officer Steven Fernald to serve as the company’s first president. Fernald will lead...
June motorhome values up 0.5% YoY
Mortorhome values increased while towable values fell year over year in June. Average motorhome values jumped 17.7% month over month and...
MarineMax F&I revenue increases 3.7%
Marine retailer MarineMax’s third-quarter earnings reflected strong finance and insurance activity even as inflationary pressures and affordability concerns dampened demand...
Polaris reduces shipments as sales fall 11.6%
Powersports manufacturer Polaris is expected to decrease product shipments between 15% and 20% at yearend 2024 after a decline in...
Inside Octane’s $365M securitization
Powersports lender Octane returned to the asset-backed securitized market with a $365 million issuance July 11. . The deal reflects...
Powersports sales down 3% YoY in June, survey shows
Powersports manufacturers are working to align inventory with consumer demand to support dealers as the retail environment remained challenged in...
North American RV registrations down 16%
North American retail recreational vehicle registrations and shipments are returning to typical patterns as registrations dip from pandemic highs but...
Synchrony Outdoors SVP Medrano joins PowerSports Finance Summit 2024 for fireside chat
The Auto Finance News team is pleased to announce that Susan Medrano, senior vice president and general manager of Synchrony...
