Market forecasts suggest Honda America Finance could experience a 2%-3% uptick in loan originations by mid-2024, correlated with a rebound in consumer auto purchases and dealership financing demand. But former Nissan CEO Carlos Ghosn said the move suggests that Nissan is in "panic mode." "Honda has always been committed to making the powersports experience attainable for more enthusiasts," said Cory Findlay , Manager of Sales Support at American Honda. "We're pleased that our new partnership with Octane accomplishes that objective by opening a wider range of purchase options for non-prime powersports customers. As a result, we expect to see even more people enjoying Honda's extensive lineup of motorcycles, ATVs and side-by-sides." Economic models imply that moderate GDP growth in 2024 will support steady cash inflows for Honda America Finance through sustained consumer vehicle demand.
