Sunday, September 7, 2008

World's cheapest car comes at a high price for West Bengal's farming classes (Guardian Unlimited)

When Sushen Santra walked out of his home last week, no one else knew that those steps would be his last. A few hours later, his eldest son found the retired labourer's dead body curled next to an empty pesticide bottle.

Buying or leasing car depends on your situation (Garden City Observer)

Dear Rick: I know you have addressed this issue in the past, but I need help. I don't know whether I should buy or lease a car. If I buy the car it will cost about $150 a month more than leasing it. I generally keep a car five-10 years and I drive anywhere from 8,000-10,000 miles a year. The salesperson is pushing me to lease. What do you think?

Schaeffler Wins Continental With EU12.1 Billion Bid (Update3) (Bloomberg.com)

Aug. 21 (Bloomberg) -- Schaeffler Group won control of Continental AG with a sweetened bid that values the German tiremaker at 12.1 billion euros ($17.9 billion) and creates the world's largest car-parts manufacturer.

Buying or leasing car depends on your situation (Farmington Observer)

Dear Rick: I know you have addressed this issue in the past, but I need help. I don't know whether I should buy or lease a car. If I buy the car it will cost about $150 a month more than leasing it. I generally keep a car five-10 years and I drive anywhere from 8,000-10,000 miles a year. The salesperson is pushing me to lease. What do you think?

Saturday, September 6, 2008

New Chrysler executive James Press tries to jump-start the troubled auto company (Los Angeles Times)

After 37 years at Toyota Motor Corp., during which time he rose to the top job in North America, James E. Press shocked the car world by jumping to Chrysler last year.

Thai Kiatnakin plans up to 4 bln baht in bonds-funds (Reuters via Yahoo! Malaysia 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.

Money Panel: Home loan better than 403b variety (The Salinas Californian)

QUESTION: In October 2007 I took out a loan from my 403b for $50,000 at 9.25 percent interest. The repayment is through payroll deduction at $462 every two weeks for five years. The loan payments are repaying my 403b plan, including interest, with after-tax dollars. But I understood the repayment would come from pre-tax dollars, because the payments go back into my 403b account. In fact, the ...