Powersports Finance News
New bill to boost outdoor recreation, powersports industries
America’s Outdoor Recreation Act of 2023 aims to boost outdoor recreation and the surrounding communities and is poised to create...
North American RV registrations down 25% YoY
Motorhome values declined and towable values rose again in February with recreational vehicle retail registrations falling as the market continues...
Powersports financing penetration up 15% from pandemic lows
Financing volume is ticking up at powersports dealerships following pandemic lows, despite rising interest rates. “At one point, hit almost...
US Bank to launch omnichannel RV, marine financing
U.S. Bank is expanding its omnichannel financing process to recreational vehicle and marine lending following a successful launch in auto...
Polaris launches online consumer marketplace
Powersports manufacturer Polaris on Wednesday launched Polaris Xchange, an online marketplace where customers can purchase new and used vehicles from...
Listen: Weekly Wrap discussion on capital markets, powersports earnings
While auto ABS spreads are widening amid market volatility, tax refunds supported improvement in ABS cure rates in February and...
No engine, no problem: E-bike market charges up
Electric bicycles have for years been a common sight in some regions of the United States. In New York City,...
BRP customers extend financing terms amid rising interest rates
Canadian powersports manufacturer Bombardier Recreational Products is seeing its customers extend their financing terms to overcome rising interest rates. “One...
