Ally IPO Investors Follow Loeb, GM in Auto-Finance Bet: Timeline Businessweek Ally Financial Inc. investors who bought $2.38 billion of stock in an initial public offering yesterday join hedge fund … [Read more...] about Ally IPO Investors Follow Loeb, GM in Auto-Finance Bet: Timeline – Businessweek
Great Wall to Accelerate Its Car Production in Malaysia – Wall Street Journal
Great Wall to Accelerate Its Car Production in Malaysia Wall Street Journal The trade ministry said in January it might award up to four manufacturing permits to foreign auto makers by 2018 and was … [Read more...] about Great Wall to Accelerate Its Car Production in Malaysia – Wall Street Journal
It pays to work at Ferrari – KTVZ
It pays to work at FerrariKTVZIf you're revving to get a job in the auto sector, Ferrari is the way to go. ... Ferrari, which is majority-owned by Fiat, is considered the most powerful brand in the … [Read more...] about It pays to work at Ferrari – KTVZ
MAA says increase in car loan rates ‘not significant’ – The Star Online
MAA says increase in car loan rates 'not significant'The Star OnlinePETALING JAYA: The increase in interest rates on hire purchase (HP) loans by some 40 basis points is unlikely to have an impact on … [Read more...] about MAA says increase in car loan rates ‘not significant’ – The Star Online
Why Are There So Many Auto Recalls These Days? – Mashable
MashableToyota announced a global recall of 6.4 million vehicles on Wednesday — a move that, on the heels of General Motors' recall of 6.3 million vehicles, added up to a public relations crisis … [Read more...] about Why Are There So Many Auto Recalls These Days? – Mashable
Republican Rubio offers bill on new education financing vehicles – Reuters
ReutersThe amount of outstanding student loan debt has eclipsed that of auto loans and credit cards in the United States, according to the Federal Reserve Bank of New York. "It's a huge problem and a … [Read more...] about Republican Rubio offers bill on new education financing vehicles – Reuters
CarMax ups F&I chargeback reserves, reflecting subprime growth – Automotive News
CarMax ups F&I chargeback reserves, reflecting subprime growthAutomotive NewsWhen customers cancel purchases of those contracts or if a loan goes bad and the vehicle is repossessed, retailers … [Read more...] about CarMax ups F&I chargeback reserves, reflecting subprime growth – Automotive News
ABA: Auto loan delinquencies flat in 4th qtr. – Automotive News
ABA: Auto loan delinquencies flat in 4th qtr.Automotive NewsAuto-loan delinquencies were essentially flat at a low level in the fourth quarter of 2013, edging down very slightly from the same period a … [Read more...] about ABA: Auto loan delinquencies flat in 4th qtr. – Automotive News
Negative equity ticks up – Automotive News
Negative equity ticks upAutomotive NewsAnalysts blame longer loan terms, an increase in the share of subprime borrowing, and a decline in used-car values from recent highs for the increase in negative … [Read more...] about Negative equity ticks up – Automotive News
Ally’s initial stock offering is bet on short memories – MarketWatch
Ally's initial stock offering is bet on short memoriesMarketWatchHer auto-piloted vacuum cleaner careened into her cat. ... “A weak economic environment and high unemployment rates could exert … [Read more...] about Ally’s initial stock offering is bet on short memories – MarketWatch