F&I

KAWASAKI Heavy Industries Ltd. (KHI) last year experienced a combination of group sales and net profit declines for the first time in five years. KHI ended its bu
IN A LETTER E-MAILED to Dealernews today but dated April 23, Sheffield Financial announced that it now underwrites Kawasaki’s installment retail loans. A Ka
NEW-UNIT RETAIL sales plummeted in the first quarter of 2009 when compared to the same period last year. Dealers retailed 32 percent fewer motorcycles, ATVs and s
SPARTA COMMERCIAL Services, a New York-based company whose main business is powersports loans, may be closing shop some time in the next year unless it raises eno
XpressCredit, a Web-based credit aggregation system, has partnered with Allied Solutions, a representative of more than 3,700 financial institutions, to help deal
DUCATI NORTH AMERICA recently partnered with FreedomRoad Financial, a national powersports financing company, to provide Ducati customers with additional financin
HSBC’s decision to close its consumer lending business in the U.S. does not affect the powersports industry, a bank representative tells Dealernews. A separ
VECTRIX CORP. now offers consumer financing through Sparta Commercial Services. Under the agreement, financing for consumers will be available for all three Vectr
BESEIGED BY the economic crisis that began in mid-September, the powersports market high-sided in the fourth quarter. Using reports issued by the Motorcycle Indus
AFTER breaking up with HSBC at the end of last year, Suzuki has partnered with GE Money to offer a new installment program going live Jan. 13. Also, the OEM recen
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