Saturday, September 6, 2008
Thai Kiatnakin plans up to 4 bln baht in bonds-funds (Reuters via Yahoo! Singapore News)
BANGKOK, Sept 3 (Reuters) - Kiatnakin Bank , Thailand's third-biggest car-loan company, will sell bonds in two tranches worth up to 4 billion baht ($117 million) to fund loan expansion, fund managers said on Wednesday.
Friday, September 5, 2008
Brazil's Car Sales Grow at Slowest Pace in Two Years (Update2) (Bloomberg.com)
Sept. 4 (Bloomberg) -- Brazilian domestic vehicle sales grew in August at the slowest pace in almost two years as central bank increases in interest rates this year boosted car-loan costs, sapping demand.
Brazil's Car Sales Grow at Slowest Pace in Two Years (Update3) (Bloomberg.com)
Sept. 4 (Bloomberg) -- Brazilian domestic vehicle sales grew in August at the slowest pace in almost two years as central bank increases in interest rates this year boosted car-loan costs, sapping demand.
GM Brazil Car Sales Growth to Slow on Credit Costs (Update1) (Bloomberg.com)
Sept. 1 (Bloomberg) -- General Motors Corp. , the world's largest carmaker, expects sales growth in Brazil to slow by at least two-thirds in the remainder of the year as consumer financing costs rise.
Customer's complaint about car loan launches fraud probe, deputies say (The Greenville News)
Two men who worked for a Simpsonville finance company are facing criminal charges after a customer's complaint about overpaying on a car loan helped launch a broader investigation that uncovered more than $31,000 in missing funds, authorities say.
Thursday, September 4, 2008
Car sales collapse by almost a fifth as loan drought and fuel rises bite (Independent)
Confirmation that consumer confidence and spending on "big-ticket" items is testing new lows came yesterday with the release of the latest figures on new cars sales. The Society of Motor Manufacturers (SMMT) reported an 18.6 per cent annual decline in sales in August, with sales to private buyers rather than the fleets down by a massive 23.6 per cent.
"Drive It Now" - Car Payment Advertising for Online Auctions, Classifieds and Dealer Websites (Centre Daily Times)
Automobile Consumer Services, Inc. (ACS), announced today, a new service that gives vehicle sellers who list their cars on eBay, classifieds, and their own websites, the ability to quote competitive loan and lease payments with the "Drive It Now" advertising banner button.
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