* Delinquencies, charge-offs down year over year * New business volume remains sluggish DETROIT, June 22 (Reuters) - The Equipment and Leasing Finance Association, a trade group representing lenders who finance half the capital equipment investment in the United States, told Reuters on Monday that: * US capex financings fell 6 pct to $4.4 bln in May from $4.7 bln in April; * US capex financings delinquent 30 days or more rose to 4 pct of receivables in May, up from 3.70 pct in April ...
Premium Content (PAID Subscription Required)
"EXCLUSIVE-ELFA says capex trends 'heading in right direction'" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642