AUTO LOAN FINANCING NEWS & INFORMATION
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Tuesday, January 06, 2009
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LATEST AUTO LOAN FINANCING NEWS:
Polo auto store steers for loan to drive more business
POLO - Wakenight Auto Sales may get a face-lift if the City Council approves a $32,000 loan from its tax increment financing fund. Owner Roger Wakenight made the request at Monday's council meeting. He wants to replace windows, add a new office and remodel the shop area. Auto loan business in full gear: Experts Want to buy a car? Then step right up. There's no lack of loans for cars in Canada, say auto industry insiders. Just the Reviews We Auto Lovers Need To Know Thinking of applying for an fixed auto loan or car loan? An auto or car loan is necessary for most people when they buy a new or used vehicle. An Auto loan is basically another name for a car loan. ICICI to take a relook at its used car financing business ICICI Bank is re-examining its used car financing business model. The bank has stopped giving credit limits to its direct selling agents (DSAs), at a time when other banks have only tightened their DSA limits Auto sales plunge again in December Battered by tight credit and the worst recession in decades, industrywide U.S. auto sales plunged 36% from year-ago levels in December, a decline that hit all of the major automakers, both foreign and domestic, and capped the industry's worst year since 1992. U.S. Treasury releases guidelines on auto financing program (This article was originally published Wednesday.) WASHINGTON (MarketWatch) -- The U.S. Treasury Department released guidelines Wednesday on a financing program for the ailing automobile industry. The program was rolled out to prevent a significant disruption of the auto industry that could hurt the overall economy. President George W. Bush this month granted $17.4 billion in emergency loans to ... GMAC and G.M. Alter Finance Agreement GMAC , the auto lending giant partly owned by Cerberus Capital Management , will no longer have exclusive rights to provide low-interest loans to people who buy General Motors vehicles, and it will stop financing leases under a complex deal to get federal aid for the troubled lender. |




