Monday, April 27, 2009

Google Alert - car finance

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Zipcar to Manage System for Employee Vehicle Fleet
Washington Post - United States
Zipcar Chief Executive Scott Griffith said he could not disclose which cities might use the car pooling system next, but "12 to 15 are in the pipeline. ...
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SheKnows.com
Get Better Rates on Bad Credit Car Loans
SheKnows.com - Scottsdale,AZ,USA
Bad credit car loan can be a smart solution for people with poor credit, no credit and even bankruptcy to get their car finance without the stress of the ...
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Borrowers in driving seat
Irish Independent - Dublin,Ireland
PEOPLE who have difficulty meeting repayments on their car finance deal have been advised to contact their bank or finance company as soon as they can and ...
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Google Alert - car finance

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Sheriff promises vehicle cuts; commission delays fleet vote
Knoxville News Sentinel - Knoxville,TN,USA
Jones said since he has been sheriff, "not a single car has been given out." Lambert said, "I'm in the car business and now is not the time to be ...
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Administration Looks to GMAC to Buy Rival Chrysler Financial
Washington Post - United States
Even if a deal is reached for Chrysler Financial, the fate of the car manufacturer remains uncertain. The Obama administration's auto industry task force ...
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Audi with Clearly Positive Operating Profit in First Quarter
Autochannel (press release) - USA
... namely of posting a significantly positive result," explained Axel Strotbek, Member of the Board of Management for Finance and Organization at AUDI AG. ...
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Former finance officer sentenced to 33 months for fraud
The Virginian-Pilot - Norfolk,VA,USA
By Lauren King The former finance manager of a used car dealership was sentenced to serve 33 months in prison for defrauding the Navy Federal Credit Union, ...
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WAVY-TV
Former finance mgr.
WAVY-TV - Portsmouth,VA,USA
According to court documents, Wynn formerly worked as the finance manager for the Car Store, a now defunct used car dealership then operating from Lynnhaven ...
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TrueCar Officially Launches Car Pricing Site
socalTech.com - Thousand Oaks,CA,USA
TrueCar is venture backed by Zag, Anthem Venture Partners, Global Retail Partners, Capricorn, Capital One Auto Finance, and Arcturus Capital.
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Canadian Federal Government Reviews Ban On Banks Granting Car ...
AHN - USA
Ottawa, Ontario (AHN) - Canadian Finance Minister Jim Flaherty said Sunday the federal government is studying the removal of a ban on banks to extend car ...
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Canada Govt Seeks Views On Allowing Bks To Offer Car Leasing
Wall Street Journal - USA
Finance Minister Jim Flaherty on Sunday released a consultation paper to hear "whether allowing federally regulated financial institutions to offer ...
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Norway: Gasoline new-car ban from 2015 proposed
Automotive World - London,UK
Norway's Finance Minister Kristin Halvorsen argued in a Reuters interview on 25 April that her Socialist Left Party's proposed ban on sales of new ...
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Lack of available loans hitting car sales
Fleet Directory - Manchester,UK
The latest report from the automotive research specialist Trend Tracker ,'The UK Retail Car Finance Market 2009' shows just how hard the financing of car ...
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Audi Q1 profit falls but sees solid 2009 earnings
Reuters - USA
... by selling its core sports car business to its majority-owned Volkswagen unit then the considerable pile of cash at Audi would likely finance any deal. ...
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World Bank helps Mexico with loan
Scranton Times - Scranton,PA,USA
Mexican Finance Minister Agustin Carstens, in Washington to attend the World Bank's spring meeting, said the loans include an immediate $25 million to buy ...
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Hyundai seeks $331 mln borrowing for Russia plant
Reuters - USA
KS), South Korea's top automaker, is seeking to borrow 250 million euros ($331.3 million) to finance a new plant in Russia, a company official said on ...
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Bosses, gov't behind auto crisis Why should workers have to pay?
Workers World - USA
GM has until June 1 to develop a more drastic restructuring—based on the most pessimistic car sales projection—and to win big union concessions and get ...
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Baucus at heart of national health care battle
Great Falls Tribune - Great Falls,MT,USA
For the next hour and a half, the senator sat rapt as he heard about it in personal terms: parents of a son injured in a car accident who struggled for ...
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Market Chatter -- Corporate finance press digest
Reuters - USA
N) Opel unit should the Italian car maker acquire Opel, German magazine Der Spiegel reported, citing a source familiar with Fiat's plans. ...
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Sunday, April 26, 2009

Google Alert - car finance

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G-7 Says Strength of Recovery Depends on Bad Asset Clean-up
Bloomberg - USA
By Simon Kennedy and Timothy R. Homan April 27 (Bloomberg) -- The Group of Seven finance chiefs' ability to handle banks' toxic assets will determine the ...
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Car Dealers' Next Headache: Inventory Loans
Wall Street Journal - USA
Chrysler Financial and GMAC, run independently and answering to different shareholders, have "clawback" provisions that allow the finance companies to ...
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It's No Time for Hysteria Over New Flu
New York Times - United States
In your car you'll want an air horn, a deck of cards (there's only so much fun you can have eating a year's worth of canned goods) and a Taser. ...
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YES4CAR: GET READY TO DRIVE
BigNews.biz (press release) - Natick,MA,USA
It is the sub-prime car finance leader for more than 15 years now. It gives hope to people struggling to get a car finance or car credit by providing them a ...
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Google Alert - car finance

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Ottawa to review bank car-leasing ban
Canada.com - Don Mills,Ontario,Canada
Canadian Finance Minister Jim Flaherty will consider lifting the 29-year-old ban on banks providing car leasing. In a victory for Bay Street lobbyists, ...
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Nurido
How To Finance A Car In 5 Easy Steps
Nurido - Steyr,Austria
If you've ever wondered how to finance car, there are really only a few simple steps you have to follow. Car financing is very common since the average ...
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Canada's Flaherty Reviewing Ban on Bank Leasing for Automobiles
Bloomberg - USA
By Theophilos Argitis April 26 (Bloomberg) -- Canadian Finance Minister Jim Flaherty said he'll hold consultations to determine the benefits of allowing ...
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Google Alert - car finance

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PR Web (press release)
London Used Car Dealer Defies Recession by Offering Free MOT for Life
PR Web (press release) - Ferndale,WA,USA
... a car, paying attention to all crucial aspects like finance, after market accessories, warranty of engine and gearbox, servicing and bodywork and MOT. ...
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LET'S TALK : Pay the bill: Big Brother is watching
Arkansas Democrat Gazette - AR,USA
According to the story, some lenders won't finance the car without the device. Specifically mentioned are - uh-oh - several credit unions. ...
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Baucus' huge challenge: health-care reform
The Tennessean - Nashville,TN,USA
The point man this time is Democrat Max Baucus, an unassuming, neighborly lawyer from Helena, Mont., who chairs the Senate Finance Committee. ...
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Car Troubles Mount
Hartford Business - USA
But many auto finance companies can't participate in that program because their credit ratings have been downgraded. Fleming said that he has also been in ...
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Saturday, April 25, 2009

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Motorists in Wales could be sitting on a £3bn scrap fortune
WalesOnline - United Kingdom
Chancellor Alistair Darling announced in his Budget last week that car owners will be entitled to a £2000 cash payout if they scrap cars that are more than ...
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Deal on cig tax might be near
Jackson Clarion Ledger - Jackson,MS,USA
Watson's counterpart in the Senate, Dean Kirby, R-Pearl, Finance Committee chairman, could not be reached for comment. Watson said he thinks the delays have ...
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Slowdown hits some Houston sectors harder than others
Houston Chronicle - United States
A: "From where I sit, the sectors hurt the most include mortgage finance and anything to do with home building," said Doug Thorpe, executive director for ...
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Fiat CEO 'astounded' by EC official's skepticism
Oakland Press - Pontiac,MI,USA
Under terms, Fiat would take a 20-percent stake of Chrysler in exchange for small car and other technology that will help widen Chrysler's palate ...
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Car Talk
Atlantic Online - USA
The US government has already agreed to forgive the $4 billion it lent Chrysler and to inject another $6 billion into the auto maker to finance its possible ...
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Was Alistair your Darling?
Sunday Herald - Glasgow,Scotland,UK
PERSONAL FINANCE: Behind the headline-grabbing 50% tax rate, the chancellor has incorporated a number of measures in his attempt to redress the gaping hole ...
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Chrysler Canada May Not Seek Creditor Protection-Fin Min
Wall Street Journal - USA
OTTAWA (Dow Jones)--Canadian Finance Minister Jim Flaherty said Saturday Chrysler Canada may not have to seek creditor protection. ...
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INTERVIEW-Ban gasoline cars from 2015 - Norway FinMin
Reuters - USA
"The financial crisis also means that a lot of those car producers that now have big problems ... know that they have to develop their technology because we ...
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Man 'shot in head' in the Bahamas
BBC News - UK
... his car at Gambier Village on the island of New Providence on Wednesday. Mr Jones, a writer and speaker on international banking, finance, and taxation, ...
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Fix It -- Why can't I pay my car off early?
Kankakee Daily Journal - Kankakee,IL,USA
By doing so, finance companies are able to raise cash and get the loans off the balance sheet, and then, issue more loans. Unaware of the transactions, car ...
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The week's top Personal Finance stories
MarketWatch - USA
A car that has always ranked high on the personal favorite list has now decided to go the Fred Frugal route. Two mind-numbing fast-paced dramas. ...
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Budget whittling aims for Lt. Gov. Molnau's wheels
Minneapolis Star Tribune - Minneapolis,MN,USA
... in sprawling finance bill, but Republicans called the move in the House measure "mean-spirited." I have no problem with Molnau not getting a car. ...
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* Workers to vote on the deal over the weekend (Recasts with union ...
guardian.co.uk - UK
A partnership with the Italian car maker was one of the conditions put to Chrysler by the governments in Canada and the United States in order for it to ...
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Friday, April 24, 2009

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All About California New n Used Car Financing Options
SheKnows.com - Scottsdale,AZ,USA
Rapid car loan as one such California car financing company that aims to get you affordable automobile finance for either new or used car in California and ...
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G-7 Says 'Weak' Global Economic Recovery Should Begin This Year
Bloomberg - USA
By Simon Kennedy and Rainer Buergin April 25 (Bloomberg) -- Finance chiefs from the Group of Seven predicted a "weak" economic recovery will start to take ...
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New cars lose 65% of value in three years
This is Money - UK
However, there is still some doubt surrounding the success of the scheme in helping the British car industry. Research by Sainsbury's Finance Car Buying ...
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Budget 2009: Will £2000 to scrap your car work?
MyFinances.co.uk - London,UK
"There is still finance available and some good deals." He adds those not eligible for the scheme may also start to show interest and the initiative could ...
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Steering you to the best motor deal ever
Independent - London,England,UK
PCPs offer flexibility and an easy way to upgrade to a new car. Hire Purchase is the more traditional way to finance a car but you don't own it until your ...
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NJ.com
Pontiac brand to be scrapped by General Motors during restructuring
NJ.com - NJ,USA
Once known as GM's "Excitement Division," Pontiac helped usher in the muscle car era of the 1960s with models such as the iconic GTO and sporty Firebird, ...
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Chrysler could file for bankruptcy as early as next week
World Socialist Web Site - Oak Park,MI,USA
Then, Chrysler could sell or jettison any assets it does not want to keep, and cancel franchise agreements with superfluous car dealers. ...
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SHOCKER: Nixon campaign got rich off inaugural festivities
Kansas City Star - MO,USA
But $125,00 came from the state, the last time Missouri helped finance a gubernatorial inaugural. Republican Matt Blunt spent $249466 on his inaugural in ...
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EU Almunia:Too Early To Say If Econ Has Bottomed Out
Wall Street Journal - USA
She mentioned better-than-expected car sales and a renewed interest of investors in residential housing. Almunia also hinted that the forecast the ...
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PERSONAL FINANCE DAILY
MarketWatch - USA
There are all sorts of reasons why car trips might be picking up again that don't have to do with gas prices. For one, people might be out scouring the ...
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No plot to axe HBOS workers, claim Lloyds bosses
Scotsman - United Kingdom
Customers who took out finance to buy cars will now have their deals transferred to Black Horse, the Lloyds TSB arm that also offers car finance. ...
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Fiat mulls bid to save 5000 Vauxhall jobs
Daily Mail - UK
Sergio Marchionne, who runs the Italian car maker, said: 'If the opportunity were to arise, we would give it a hard look.' Thousands of jobs have been under ...
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Minn. lawmaker in car crash after late session
Worthington Daily Globe - Worthington,MN,USA
Wagenius was first elected in 1986 and is chairwoman of the House Environment and Natural Resources Finance Committee. The crash occurred shortly after the ...
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Car production slumps in first quarter
Admiral - Cardiff,UK
Referring to the recently-announced scrappage scheme as "an important first step", he added: "Efforts to restore confidence and improve access to finance, ...
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Lawmaker escapes serious injury in morning crash
Minnesota Public Radio - Saint Paul,MN,USA
... and her car was totaled. Wagenius, the chair of the House Environment and Natural Resources Finance Division, was heading home after a marathon floor ...
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Lloyds and RSA announce 1500 job cuts
guardian.co.uk - UK
It said that HBOS's asset and motor finance division, which also offers car finance, was largely commercially inviable. The bank, which employs 140000 ...
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Scrap value no big deal - experts
icLanarkshire - East Kilbride News - East KIlbride,Scotland,UK
THE scrappage scheme announced in the Budget will have little impact on car prices, according to valuation experts. Industry analysts at Glass's and CAP, ...
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Lloyds cuts 540 regional jobs in car finance business
Crain's Manchester Business - Manchester,UK
By Crain's staff reporter Lloyds Banking Group has announced that it is to cut almost 1000 jobs at a car finance unit which employs more than 500 people in ...
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Canada says Chrysler bankruptcy not best option
Reuters - USA
It's really a crisis," Finance Minister Jim Flaherty said separately. "There has to be a fundamental change in the...paradigm between the company and the ...
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Mom Kicks Kids Out of the Car, Gets Arrested
Washington Post Blogs - Washington,DC,USA
Ms. Primoff, a partner specializing in international finance with the firm Kaye Scholer, is free on $1500 bail and due back in court on May 21. ...
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Fiat, Magna kicking tires at GM's Opel
Globe and Mail - Canada
Opel union leaders did not welcome Fiat's attention, fearing that if the two companies were to come together, the car model overlap would result in massive ...
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Dramatic 51% fall in car production
The Press Association
"Efforts to restore confidence and improve access to finance, particularly for companies in the supply chain, are key to sustaining our industrial ...
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Transportation finance bill chugs through the Senate
Coon Rapids ECM Publishers - Coon Rapids,MN,USA
Linda Berglin, DFL-Minneapolis, saying how a traumatic brain injury received in a car crash can compromise a person's life. Murphy cited statistics showing ...
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AutoNation posted a first-quarter profit despite falling new-car sales
MiamiHerald.com - Miami,FL,USA
By shrinking vehicle supply, AutoNation saved almost $14 million in inventory-finance costs. Jackson, during a conference call with analysts, ...
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Thursday, April 23, 2009

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TAKE A LOOK-Auto industry in turmoil
Reuters - USA
[ID:nN07482082] > German 'cash for clunkers' shows free market perils [ID:nL6602140] > Car industry recovery to take more than decade -author ...
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Captial One Auto Finance earned a profit in the first quarter of ...
AutoLoanDaily.com - Oakland Park,FL,USA
By Liz Opsitnik Capital One, a major lender for car loans and credit cards, says its auto finance division has ended up in the black for the first quarter ...
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Lagarde:Inflation Is Medium-Term Concern, Not Deflation
Wall Street Journal - USA
By Gabriele Parussini WASHINGTON (Dow Jones)--French Finance Minister Christine Lagarde said Thursday that a pickup in inflation in the medium run is a ...
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Scrappage Scheme Will Have Little Influence Say CAP
Fleet Directory - Manchester,UK
CAP have stated that the Scrappage scheme announced in the Budget will have a limited impact on both the new and used car markets. ...
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GMAC LLC Set to Hire Over 1000
Wall Street Journal - USA
Juiced with $6 billion in bailout bucks, GMAC has taken some bold steps recently to jumpstart car purchases. Earlier this month, it promised to relax its ...
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CIT Group Inc. Q1 2009 Earnings Call Transcript
Seeking Alpha - New York,NY,USA
We're working very hard to transition CIT from a wholesale market funded finance company to a deposit funded bank holding company. ...
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Budget 2009: Tax Summary
Shoosmiths legal updates - Reading,Berkshire,UK
Changes to company car tax - legislation will be implemented in the Finance Bill 2009 to set the rates for company car tax for 2010-11 and subsequent years ...
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Brisbane BMW looks above and beyond car finance
Queensland Business Review - Spring Hill,Queensland,Australia
"Quantum is our second-tier for car finance," he says. "Its main goal is to make contact with customers to find out if they need finance in other areas, ...
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Our Towns Atwitter About a Mom in Scarsdale
New York Times - United States
You're in the car. The kids are arguing like magpies. You stop the car and bark something like: "That's it. One more sound from either of you and I'm going ...
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Focus on Personal Finance: Car- and stock-buying advice from ...
TMCnet - USA
Apr 22, 2009 (The Modesto Bee - mcclatchy-Tribune Information Services via COMTEX) -- Are you in the market for a new car and wondering if, ...
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Scrap scheme to have 'little effect' on car values
Which? - London,UK
'By definition they are likely to be sub-prime finance customers,' a CAP spokesperson said. 'This area of finance provision is subject to the greatest ...
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Honda ties up with Punjab National Bank for car financing
Trading Markets (press release) - Los Angeles,CA,USA
M Takedagawa, president and CEO, Honda Siel Cars, said: "We are glad to associate with Punjab National Bank to provide end to end car finance facilities to ...
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Car insurance law in force within six months
AngolaPress - Luanda,Angola
... the official explained that its purpose is to ensure the payment of damages caused by drivers who don't have their car insured. However, the Finance ...
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Ritter signs renewable energy finance act on Earth Day
Summit Daily News - Frisco,CO,USA
Hartman compares the process much like buying a car. "You don't have the money upfront, so you go through a bank," he said. "One of the barriers to solar ...
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China plugs into electric car market
Canada.com - Don Mills,Ontario,Canada
"The fiscal subsidy gives voting rights to the consumers," Zhang Shaochun, vice-minister of finance, said at a conference this month. ...
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AutoNation strength may be balance sheet
Bizjournals.com - Charlotte,NC,USA
Yahoo Finance shows an average analyst earnings estimate of 16 cents a share for the current quarter with a low of 8 cents and a high of 20 cents. ...
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CIT 1Q Loss Widens, Div Halted; Co Sees Profit In 2010
Wall Street Journal - USA
He estimates that 25% of the North American rail car fleet is sitting idle. ... or those in danger of default, rose to 3.88% of finance receivables from 3%. ...


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China plugs into electric car market
Calgary Herald - Calgary,AB,Canada
The car is a pretty ordinary looking sedan, which is not an altogether bad thing for an ... vice-minister of finance, said at a conference this month. ...


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Fiat could play role in both GM and Chrysler deals
Reuters - USA
Auto parts maker Robert Bosch, the world's biggest car parts supplier by sales, ... But it remains to be seen how it would finance such a deal because Fiat ...


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Junior Achievement Business Plan Competition Positions NYC ...
PR Newswire (press release) - New York,NY,USA
(CEO Natalie Brown) Academy of Finance & Enterprise (Queens) ... mistKiss, the built-in car freshener and air purifier (CEO Chantal Alek- Finkelman) ...


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Almost 1000 jobs to go at Lloyds Banking
Find.co.uk - London,UK
LONDON (ShareCast) - Lloyds Banking Group is getting rid of 985 jobs over the next two years after deciding its car finance business is not financially ...


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News - Thursday 4/23 - Folks in Tigard ready to celebrate Curtis ...
KUIK - hillsboro,or,USA
The dapper gentleman zipping around town in the little red sports car with the "TIGARD" ... Curtis Tigard studied finance at Oregon Agricultural College, ...


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