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Auto Loans News

Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: Cars

Three years ago, credit was so tight that the owner of a legal firm with a $400,000 salary and a very good credit score of more than 700 couldn’t get financed to buy the car he wanted from Michael Mosser’s dealership.

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TD driving hard for auto loans

A pickup in car buying is expected because of aging vehicles and the bank is situated nicely after acquiring Chrysler Financial Corp.

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Consumer borrowing surged for second month in December with credit cards and auto loans up

WASHINGTON - Americans accelerated their borrowing in December for the second straight month, running up more credit card debt and taking out loans to buy cars and attend school. Consumer borrowing rose by $19.3 billion in December after a $20.4 billion gain in November, the Federal Reserve said Tue

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India auto sales climb 7.2% in January: industry

New car sales in India climbed 7.2 percent year-on-year in January as the sector showed further signs of recovery from its slump in 2011, an industry body said on Wednesday.

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Volkswagen Sells $1.25 Billion of Bonds Backed by Auto Loans

Volkswagen AG sold $1.25 billion in bonds backed by auto loans in its largest sale in 10 months, according to a person familiar with the sale.

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Demand for loans still strong - BSP

MANILA, Philippines - Strong demand for loans from enterprises and households has been sustained amid the low interest rate regime despite the economic slowdown last year, brought about by the weak global trade as well as the cautious spending by the Aquino administration, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.

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Ford selling $1B of bonds backed by auto loans

Ford Motor Co. is marketing $1 billion of bonds backed by auto loans after vehicle sales last year reached a four-year high, according to a person familiar with the deal.

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