Car Loan News

Hyundai India has made an agreement with the United Bank of India to provide its customer base with flexible and convenient finance deals.

As Netcars told you a few days ago, GM has announced the price of it’s highly anticipated plug-in hybrid vehicle named the Volt. And, well, there’s no easy way of putting this, so here goes…it’s going to cost $41,000.

GM’s finances have come under scrutiny like no-other car maker in recent years. And with good reason, because it is one of the world’s biggest manufacturers, and if it doesn’t succeed, it has a knock-on effect globally.

When you are Britain’s newest car manufacturer raising finances would usually be a struggle. Not so this time. Because McLaren Automotive is the road car outfit spawned out of the McLaren Formula 1 giants’ loins. The new company is even run by the ex-team principle for McLaren’s F1 team, Ron Dennis.

The business secretary Vince Cable has announced to the Society of Motor Manufacturers and Traders (SMMT) that he believes the motor and car finance industry are the backbone to the UK’s economic recovery and potential success.

One of the world’s biggest car manufacturers, General Motors is spending £2.3bn to acquire the car finance company Americredit. The venture is designed to help drivers afford GM’s vehicles.

India is often praised for being the land of Eastern promise. And you can’t argue with that when the Indian Mercedes-Benz outfit is planning to shake-up its pre-owned car business. The finances will boost its share in the market place and take advantage of India’s apparent love of ‘proven exclusivity’.

Italy’s Fiat has stated that it will receive a financial loan for as much as 4 billion euros to finance a spin-off of its industrial businesses.

More than half of new car buyers have taken car finance as their payment option. Car finance is up 15 percent in May 2010 compared to the same time last year. The FLA’s initial fears that figures will slump after the scrappage scheme ending have been found to be untrue.

The ability to work out a good finance deal when buying a new car could become a vital asset in the near future. Car insurance prices have gone through the roof as a result of a rise in fraudulent car insurance claims.

PSA Peugeot Citroen has signed a €200-million loan agreement to finance the manufacturer’s future plans to develop and build plug-in hybrid vehicles. A total of €400-million will be set aside for the hybrid venture, as PSA hopes to build towards a cleaner tomorrow.

Seat has announced a range of new offers across a range of its current cars. The discounts will be applicable on new cars bought direct from the dealer. Exciting car finance deals will be available, including free service packs.

Mazda, like many modern manufacturers, has finally realised we are living in a techno-age. The majority of us can’t really be bothered to look for a car via the usual means.

We don’t have a great reputation as a nation when it comes to haggling for goods. We are often too polite to even consider asking for money off. We want too, but we just can’t.

During the month of May, Ford posted an encouraging increase in car sales and car finance. The sales are up 23% and more than that, it seems the public are finally coming out from hiding and buying cars again.

Chrysler US has decided to release an incentive program that it uses for its minivans to attract new buyers. The car finance deal allows buyers to return the car within 60 days if they are not happy with it.

If you are worried about buying a new car because car finance and car prices are too risky or high, then don’t worry. A simple trip to India might be the answer.

With analogue TV eventually leaving us, so will analogue radio. Your favourite FM and AM radio stations will no longer be available via the usual means. And it will effectively mean car finance and cash buyers of new motors today will be left a bit short in their wallets.

It seems all the predictions are coming true. New data according to the Society of Motor Manufacturers and Traders (SMMT) has shown that more than 1.2m new cars were registered in the first six months of 2010.

If you enter the good old United States of America for a holiday and decide you need a small Italian supermini to cart your way around, then we wouldn’t recommend asking for a Fiat. If you did, you would probably be left a bit embarrassed when the dealer replies; “What’s a Fiat?”

India have had some recent success with their ballooning car finance and sales figures, the same cannot be said for China, as their auto industry is suffering from post-recession blues. China’s auto sales – despite growing in June – only increased slightly.

Forecasters predicting that the economic growth in Asia would slow down have been given a pretty brutal slap in the face today. As car sales in the month of June ballooned in India and it shows that public buying power is as strong as ever.

Just Add Fuel. That is the snappy new slogan for Peugeot’s intriguing car finance deal. The scheme, which acts similarly to a contract hire deal, will cover all the major motoring costs in a single monthly payment. The motorist simply just needs to add fuel.

The electric, world saving, celebrity endorsed US motor company Tesla has received a financial boost and positive feedback from the initial public stock offering earlier this week.