Latest Auto Loan Financing news:

China banking watchdog to tighten monitoring on non-banking financing
China would step up work to monitor non-banking financing, said the China Banking Regulatory Commission (CBRC) Tuesday in a statement on its web-site. More focus would be put on businesses in connection with trust companies and the real estate sector to prevent banks from using non-banking financing to circumvent policies, said Liu Mingkang, chairman of the CBRC. The 2010 government loan target ...
Read more News Source - People's Daily
Publish date - 01:14:27 03/10/10

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Pentagon backs new agency to regulate auto dealers, lending
The Pentagon supports legislation to prevent members of the armed services from being preyed upon by "unscrupulous" auto dealers.
Read more News Source - Detroit News
Publish date - 19:41:33 03/09/10

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China banking watchdog to tighten monitoring on non-banking financing
BEIJING - China would step up work to monitor non-banking financing, said the China Banking Regulatory Commission (CBRC) Tuesday in a statement on its website.
Read more News Source - China Daily
Publish date - 01:29:13 03/10/10

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U.S. bailout watchdog criticizes Treasury over GMAC
The U.S. Treasury's decision against a bankruptcy restructuring for GMAC may have increased taxpayer bailout costs for the auto finance company and made it less viable, an oversight group said on Thursday.
Read more News Source - Reuters via Yahoo! News
Publish date - 05:15:25 03/11/10

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Car Wreck - Chapter 2: The Car Salesmans Language, Why They Keep Using It, Even Though You Hate It
The Auto Channel is thrilled to be able to present a serialized version of Mark Ragsdale's "Car Wreck" to our audience. Regardless of whether you are a consumer or an industry insider you will find this book of critical importance.
Read more News Source - The Auto Channel
Publish date - 20:17:56 03/10/10

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Showdown Looms for Financial Reform
by Victoria McGrane If there were any question that the stakes are high for financial reform, consider this: Even the Defense Department is getting into the fight. Pentagon brass want a new consumer watchdog agency to regulate auto dealers so they don't rip off troops with predatory sales and shady financing deals. Democrats are hoping it'll be hard for Republicans to oppose something Pentagon ...
Read more News Source - CommonDreams.org
Publish date - 15:53:44 03/09/10

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ICICI Bank hikes auto loan rates by upto 0.5%
MUMBAI: In a clear signal of a rising interest rate regime, ICICI Bank, on Thursday said it has hiked its auto loan rates by up to 0.5 per cent and withdrawn its 8.25 per cent special home-loan scheme.
Read more News Source - The Hindu
Publish date - 13:04:42 03/04/10

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Celebrities--and Pentagon--Call for Consumer Protection Agency
The reality TV star pokes fun at her plastic surgeries in an online video. The Department of Defense has voiced its support for a consumer watchdog unit to crack down on predatory practices by auto d...
Read more News Source - MalaysiaNews.net
Publish date - 00:51:37 03/10/10

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TARP Oversight Panel Finds Fault With GMAC Bailouts
A report to be released Friday questions the Bush administration’s decision to rescue “a company that apparently posed no systemic risk to the financial system.”
Read more News Source - New York Times
Publish date - 05:17:49 03/11/10

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Total Dollar Value of At-Risk Auto Loans Dropped by 10 Percent, According to Experian Automotive
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.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 18:02:16 03/09/10

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(AFX UK Focus) 2010-03-11 05:16 US bailout watchdog criticizes Treasury over GMAC
By David Lawder
Read more News Source - Interactive Investor
Publish date - 05:42:59 03/11/10

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China Natural Gas Announces Fourth Quarter and Year End 2009 Financial Results
China Natural Gas, Inc. , a leading provider of compressed natural gas for vehicular fuel and pipeline natural gas for industrial, commercial and residential use in Xi'an, China, today announced its financial results for the fourth quarter and full fiscal year ended December 31, 2009.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 22:43:56 03/10/10

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ICICI, HDFC hike auto loan rates, end teasers
Mortgage major HDFC and ICICI Bank also discontinued with their special home loan schemes, which offer lower interest (teaser) rate for the first few years of the credit period.
Read more News Source - rediff.com
Publish date - 14:43:36 03/04/10

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Read more News Source - MS Dienste
Publish date - 19:05:58 03/10/10

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Sterling Bank sees bottomline growing 5x this year
Sterling Bank of Asia sees its bottomline growing five times this year from its P25.5 million net income last year on the back of effective resource management and allocation, expansion of branches and improved net interest margin.
Read more News Source - Malaya
Publish date - 14:47:29 03/10/10

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