Used vehicles, pricing key to future of powersports industry
LAS VEGAS — Used vehicles pose a significant opportunity for powersports dealerships as macroeconomic pressures contribute to a market shift. ...
Tag: On-Road
Future of powersports software tied to automation, engagement
LAS VEGAS — Powersports software companies are leveraging automation and bundled solutions to improve dealer management systems. “Traditionally, the saying ...
Octane originations up 74% YoY
Powersports lender Octane’s originations jumped 74% year over year at yearend 2022 on the heels of new market entrances, expanded ...
Ironhorse Funding to offer refinancing on Full Throttle
Ironhorse Funding is partnering with newly launched Full Throttle to offer powersports refinancing options to the motocross social media platform’s ...
Harley-Davidson funds $200M credit facility for LiveWire
Electric motorcycle manufacturer LiveWire secured a non-binding, $200 million loan facility from Harley-Davidson, the company’s majority shareholder, following a less-than-stellar ...
Increased credit loss provisions, borrowing costs dampen HDFS income
Harley-Davidson Financial Services’ provision for credit losses ticked up and borrowing costs rose, resulting in declining operating income in the ...
Ironhorse Funding expands lending
Ironhorse Funding is expanding its indirect lending and refinance offerings and extending into powersports and personal watercraft financing. Beverly, Mass.-based ...
Powersports values dip as seasonality returns
Powersports values declined sequentially across most segments in July in line with more typical seasonal patterns as inventory remains tight ...
