Powersports Finance News
Octane adds trailer financing to its powersports portfolio
Octane is adding standalone trailers to its lending platform to expand its reach in an underserved market. The lender previously...
RumbleOn to enhance dealer inventory access through fulfillment centers
RumbleOn plans to operate its stores on a “keep-fill inventory system” in an effort to avoid the peaks and valleys...
RV manufacturers predict a chassis shortage, analyst says
Recreational Vehicle (RV) manufacturers anticipate supply chain issues will further disrupt the industry as chassis become more difficult to find....
November RV values fall 2.6% as winter approaches
Recreational vehicle (RV) values declined in November, bringing a sense of familiarity to the segment as seasonality shifted buyers away...
General Motors to commercialize battery electric watercraft
General Motors is co-developing an all-electric pontoon through its latest deal with electric boat manufacturer Pure Watercraft in a shift toward electrification in the marine space. The electric pontoon is the first...
Snowmobile OEMs halt incentives as dealers maintain MSRP
Snowmobile manufacturers have halted financing incentives for new snowmobiles as dealers maintain the manufacturer suggested retail price (MSRP) on sales...
Octane enters multiyear partnership with Polaris
Octane announced a multiyear partnership with Polaris Tuesday, effective Jan. 1, 2022. Octane is the fourth lender that the powersports...
Harley surges on SPAC deal to list electric-motorcycle unit
Harley-Davidson Inc. jumped the most in 13 months after the company said it would list its electric-motorcycle unit publicly through...
