Car tech company gets £1m innovation loan
An Exeter-based car technology company has received a £1m loan from Innovate UK to develop an F1-style driver analytics platform for the consumer market. Lightfoot, whose technology and driver rewards platform has helped the fleet sector reduce fuel ...
Another View: Senate bends the rules to unravel car-loan guidelines
(Tip: Next time you're shopping for wheels, shop for a loan, too.) Lawmakers' instrument of destruction: the Congressional Review Act, which allows the House and Senate to repeal any agency's rule with a simple majority vote as long as that vote takes ...
New-car shoppers: Brace yourselves for higher costs
Anyone planning to go new-car shopping for the first time in a while might want to prepare themselves for sticker shock. A combination of higher auto prices, longer loans and climbing interest rates means a buyer who finances their purchase could pay ...
GOP's regulatory fight goes to another level over car loans | The ...
The Republican-led Congress is poised to undo guidance a consumer protection agency issued five years ago to help ensure minority car buyers aren't charged higher interest rates.
New car loans could soon extend to 84 months thanks to truck sales ...
Cars and trucks are more expensive than ever before. In order to boost sales and help consumers afford new vehicles, automakers are offering long and long terms for auto loans. This past week, Bloomberg reports FCA's Ram Trucks division current offers ...
Trucks And SUVs Are The Reasons For Easy Long-Term Car Loans ...
How prepared are car makers for an auto loans crisis?
Car finance has largely been shielded from the fines, headlines and scrutiny that have peppered the banking sector in recent years. However, attention is now turning to a market that represents a significant share of consumer debt in many developed ...
Cheap imports threaten collapse of €1.5bn PCP car loans market ...
High levels of car imports from the UK have the potential to cause the €1.5 billion personal contract plan market to drop into negative equity, the financial watchdog has warned.The use of PCPs in Ireland has increased from 14000 loans to 126000 in the ...
Alert over €1.5bn 'exposure' to PCP car loans | Irish Examiner
Wednesday 25 April 2018
The Week UK
Such changes have the potential to force up the cost of mortgages, car loans and other debt in Britain. The S&P 500 lost 1.3% at 2,634.56, while the Nasdaq index tumbled 1.6% to 7,007.35. Shire recommends Japanese takeover to investors. The Shire board ...
Republicans are about to kill safeguards that stop auto loan ... - Vox
The Senate on Wednesday voted to get rid of a consumer protection measure meant to stop car dealers from charging more for car loans based on race. And the vote is just the start of lawmakers' attempts to target years of federal agencies' decisions ...
Congress could kill auto lending discrimination safeguard
US Senate Could Vote To Repeal An Obama-Era Restriction On Auto Loans
Senate to vote on repeal of CFPB auto-loan guidance