Post Tagged with: "Harley-Davidson Financial Services"

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Incentives Spur HDFS Marketshare to 63% in 1Q

by April 21, 2017 at 11:53 am

Harley-Davidson Financial Services ended the quarter with an overall industry marketshare of 63%, up 6% versus the same time a year prior, according to first-quarter earnings released Tuesday. The growth can be attributed to competitive financing incentives offered on model year 2016 motorcycles, John Olin, Harley-Davidson Inc.’s senior vice presidentRead More

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HDFS Losses ‘Temper,’ Yet Continue to Rise in 1Q

by April 18, 2017 at 12:21 pm

Harley-Davidson Financial Services originated $709.8 million — up 3.8% year-over-year — in the first quarter, according to the company’s earnings call today. Annualized net losses — at 2.3% in 1Q — were up 33 basis points from the prior-year quarter, and to top the highest level the captive has seen since the fourthRead More

Captives Offer ‘Competitive Advantage,’ Analyst Says

Captives Offer ‘Competitive Advantage,’ Analyst Says

by April 17, 2017 at 11:02 am

Captive finance arms offer a “pretty big competitive advantage” for powersports OEMs, particularly in an environment where independent finance companies are “coming and going,” James Hardiman, managing director of equity research at Wedbush Securities Inc., told Powersports Finance. For example, Speed Leasing LLC began underwriting leases on April 1. SpeedRead More

Harley-Davidson to Bypass Captive for Lease-Like Program, Sources Say

Harley-Davidson to Bypass Captive for Lease-Like Program, Sources Say

by April 12, 2017 at 11:00 am

Harley-Davidson Motor Co. appears poised to offer a “lease-like” program through one of the “big agencies” in the rental space to offer non-traditional leases, said a source who asked to remain unnamed. The source was unsure if this agency will be EagleRider or another rental company. While the specifics ofRead More

The Fading King: Has Harley-Davidson Lost Its Luster?

The Fading King: Has Harley-Davidson Lost Its Luster?

by April 11, 2017 at 10:00 am

Iconic motorcycle manufacturer Harley-Davidson Inc. has had a rough couple years, from competing for marketshare with other manufacturers — who undertook aggressive discounting in 2015 and 2016 — to a slowing demand for its new motorcycles in the U.S. Not to mention that losses for Harley-Davidson Financial Services — which wereRead More

Industry Consolidation Brings Big Banks More Business, Dealer-Operator Says

Industry Consolidation Brings Big Banks More Business, Dealer-Operator Says

by April 4, 2017 at 12:35 pm

As more powersports dealerships consolidate from standalone shops into dealer groups — a trend that is expected to continue this year — the larger banks and financial institutions will begin to see more dealer business, Ozzie Giglio, dealer-operator for The Windy City Motorcycle Co., told Powersports Finance. Dealer acquisitions haveRead More

Ducati Unveils Financing Program for 2017 Model Motorcycles

Ducati Unveils Financing Program for 2017 Model Motorcycles

by March 8, 2017 at 1:13 pm

Ducati North America now allows consumers to essentially lease a Ducati motorcycle — in some cases with a lower monthly payment and down payment than a traditional loan — through the OEM’s new financing program, Ducati Premier Financing. The program, which launched March 1, applies to all 2017 Ducati models,Read More

Powersports ABS Issuances Expected to Slow, Morningstar Says

Powersports ABS Issuances Expected to Slow, Morningstar Says

by February 27, 2017 at 1:12 pm

Powersports lenders are likely to securitize at a slower pace this year — the select few who are looking into ABS issuances — as revenue growth has slowed due to turmoil in the oil and agriculture industry, Jaime Katz, equity analyst for Morningstar Inc., told Powersports Finance. ThunderRoad Financial issuedRead More