Post Tagged with: "Indian Motorcycle"

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

Polaris Originations Rise 10%, Wholesale Receivables Dip 8% in 2016

Polaris Originations Rise 10%, Wholesale Receivables Dip 8% in 2016

by March 17, 2017 at 11:48 am

Polaris Industries Inc. reported a 10% year-over-year increase to $1.1 million in volume of revolving and installment credit contracts written in 2016, according to the company’s 2016 annual report. Consumers financed approximately 33% of Polaris’ vehicle sales in 2016 through the company’s combined retail finance arrangements with Performance Finance, SheffieldRead More

Polaris Shuts Down Victory Brand, Finance Partners to Remain Intact

Polaris Shuts Down Victory Brand, Finance Partners to Remain Intact

by January 10, 2017 at 11:30 am

Polaris Industries Inc. announced yesterday that it will immediately begin winding down its Victory Motorcycles brand after 18 years of investing in the motorcycles. However, the closing is not expected to alter any financing arrangements Polaris currently has, Director of Investor Relations Richard Edwards told Powersports Finance. “We do not anticipateRead More

Chrome Capital to Shut Down Amid Investor Pullout

Chrome Capital to Shut Down Amid Investor Pullout

by October 3, 2016 at 12:14 pm

Motorcycle leasing provider Chrome Capital stopped accepting lease applications on Sept. 15, and is expected to close its doors amid a halt in investment funding from Leucadia National Corp., according to Leucadia’s third-quarter earnings report. “This is really a shift dictated by our major investors who — for their own reasonsRead More

Polaris Retail Program to Expand Trade-In Alternatives

Polaris Retail Program to Expand Trade-In Alternatives

by August 23, 2016 at 11:00 am

A new retail finance program in the works between powersports manufacturer Polaris Industries Inc. and FreedomRoad Financial will provide the OEM’s dealers with more trade-in opportunities, according to documents obtained by Powersports Finance. “We’ve got a trade-in allowance to help us compete with Harley-Davidson Inc. to some extent, in terms of being ableRead More

BREAKING: Polaris to Launch ‘Captive-Like’ Consumer Finance Program

BREAKING: Polaris to Launch ‘Captive-Like’ Consumer Finance Program

by August 18, 2016 at 11:15 am

Polaris Industries Inc. has partnered with FreedomRoad Financial to form a new “captive-like” retail finance program, called Performance Finance, according to documents obtained by Powersports Finance. The new consumer finance program — slated for launch Sept. 1 — will exclusively be offered for new and used Victory and Indian motorcycles andRead More

EagleRider Pushes Pre-Owned Subprime

EagleRider Pushes Pre-Owned Subprime

by June 2, 2016 at 10:30 am

EagleRider has throttled up its presence in the powersports industry this year, and the motorcycle dealership’s success is attributable to capitalizing on the lack of competition in the subprime and pre-owned markets, said Chris Clovis, EagleRider’s vice president of operations. The lack of lenders in the subprime market provides EagleRiderRead More

Chrome Capital Celebrates Five Years, Leasing Continues to Rumble

Chrome Capital Celebrates Five Years, Leasing Continues to Rumble

by May 20, 2016 at 10:30 am

Chrome Capital celebrates its five-year anniversary today and is on tap for a successful year, according to Peter Wasmer, the company’s founder, president, and chief executive. “We have found a sweet spot for both riders and dealers,” Wasmer said in a company press release. Many motorcycle riders “get the itchRead More