Posted: 03/09/2010 01:00 PM
The total dollar value of at-risk automotive loans fell to $26.58 billion in Q4 2009, a 10 percent drop from $29.58 billion in Q4 2008, according to a quarterly analysis of automotive credit released today by Experian Automotive.
Posted: 03/10/2010 06:11 PM
New York -- Ex-auto czar Steve Rattner said Wednesday Michigan and the city of Detroit would have been forced into bankruptcy if the Obama administration hadn't rescued GM and Chrysler.
Posted: 03/09/2010 11:18 AM
BPI FAMILY Savings Bank, the thrift lending arm of listed Bank of the Philippine Islands (BPI), expects its auto loans to grow by double digits this year as consumer confidence recovers along with the economy.
Posted: 03/10/2010 09:51 AM
More consumer loans sourced from universal, commercial and thrift banks were recorded in the fourth quarter of last year, data from the Bangko Sentral ng Pilipinas (BSP) showed.
Posted: 03/06/2010 03:07 AM
Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit- card borrowing.
Posted: 03/10/2010 06:37 PM
March 11 (Bloomberg) -- Fiat SpA , the Italian carmaker that helped Chrysler Group LLC emerge from bankruptcy, may wait to turn around the U.S. business before deciding on a share sale or spinoff for its automotive division.
Posted: 03/10/2010 03:50 PM
One of the most contentious issues in Congress, after health care, is the proposed creation of an independent consumer protection agency for financial products such as bank accounts, credit cards, mortgages and some student and auto loans.Many Democrats and consumer groups say the Federal Reserve and other regulators were so focused on bank profits and balance sheets that they allowed the spread ...
Posted: 03/06/2010 12:10 AM
By MARTIN CRUTSINGER THE ASSOCIATED PRESS WASHINGTON | Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit card borrowing. The small gain, the first in nearly a year, could be a signal that Americans are regaining confidence in the economy.
Posted: 03/05/2010 04:29 PM
WASHINGTON - Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued
Posted: 03/08/2010 09:42 PM
KUCHING: Malaysian auto sector ignites the year in top gear given the continuous market recovery as well as the improving demand from consumers.
