0 Auto Financing

Auto funding not getting cheaper this year

Auto financing companies are unlikely to cut their interest rates this year, despite the trend in the policy rate. The interest rate charged by auto hire-purchase businesses is currently in a range of 2.3 to 2.5 per cent, which is expected to be maintained throughout the year, Isara Wongrung, chief executive officer of Kasikorn Leasing, said yesterday.

GM Financial Announces $1.0 Billion Senior Subordinate Asset-Backed Securitization

GENERAL MOTORS FINANCIAL COMPANY, INC. , announced the pricing of a $1.0 billion offering of automobile receivables-backed securities through lead managers Barclays Capital, Deutsche Bank Securities and J.P.

TECO Energy Reports Fourth Quarter Results

TECO Energy, Inc. today reported fourth quarter net income of $53.2 million, or $0.25 per share, compared to $56.7 million, or $0.27 per share, in the fourth quarter of 2010.

2012 Chrysler 300 Mopar 12

In keeping with the series of Mopar special editions, the Chrysler 300 S-based Mopar 12 features blue pinstriping on the body sides, wheel rims, and hood and 75th-anniversary badging.

2012 Scion xB Photo Gallery

The 2012 xB Release Series 9.0 comes painted exclusively in Hot Lava, making sure it attracts attention wherever it goes.

Textron Reports Strong Fourth Quarter Manufacturing Operating Results and Cash Flow

Textron Inc. today reported a fourth quarter 2011 loss from continuing operations of $0.06 per share, compared to income of $0.20 per share in the fourth quarter of 2010.

Buckeye’s Second Quarter FY 2012 Results

Buckeye Technologies Inc. today announced second quarter adjusted net income* of $27.9 million or $0.69 per share, which excludes after-tax non-cash asset impairment charges of $29.7 million, or $0.74 per share, related to the announced closure of the cotton linter pulp production line in Brazil and sale of our converting business in North Carolina, and income tax expense of $3.6 million or $0 ...