Car Loan News

As reported yesterday here on Carfinance24/7, Saab has been playing with fire recently due to its lack of car finance.

The workers of struggling car firm Saab have finally been paid their wages thanks to a sudden influx of 583-car orders. The Swedish company has been suffering from a stupendous amount of car finance troubles of late

You know what it’s like; you’re drink-driving, you’ve been caught by the police and you offer them a £100k sportscar to get off the hook. That’s what we all do, right? Sarcasm aside, this is exactly what fashion tycoon George Davies did when he was pulled over by two cops.

Oh dear, the news just keeps getting worse and worse for Swedish car maker, Saab. The firm, who’s had a horrid time of late, has announced that the production line has grinded to a halt and it can no longer afford to pay its workforce.

Ken Clarke, the government’s justice secretary, has come under scrutiny after it was reveal that his department spent a biblical £212,991 on ministerial cars in the past year.

McLaren team principle and all-round good guy, Martin Whitmarsh, has come out and spoken about the BBC’s rumoured plans to axe F1 in 2013 from its broadcast.

Any unlawful car finance drivers who partake in the usage of drugs whilst driving are to be clamped down on by the government. Over a million motorists have admitted that they have used drugs and been high while driving because they know they will get away with it.

Modifying your car can be a benefital endeavour; you get to improve on the original design, possibly boost power and add big wheels. In the right hands, it can be brilliant.

Porsche owners throughout the UK will be able to celebrate with the Porsche owners’ Club GB as they enter their 50th year in existence. Car finance fans will be able to go down to Castle Comb on September 2 and join in with the festivities with the club’s 15,000 members over a three day event.

Car finance drivers who are fans of the Scuderia Ferrari will be pleased to learn that the team is not giving up on this year’s title race. The company’s test driver, Marc Gene, has insisted that Ferrari will not give up. Speaking to Marca sports daily, the driver said:

Audi managed to win the 24 hours of Le Mans despite an absolutely unbelievably huge crash from one of their drivers, Allan McNish. The images and videos of the accident show just how lucky McNish was to walk out alive.

Racing driver Mark Higgins suffered, what he called, the ‘biggest moment of my life’ as he broke the Isle of Man TT course record in a Subaru WRX STI.

Well, Ford might be like the furniture to us all now, but it seems the Blue Oval is still a force to be reckoned with in the car finance and sales market. New figures showing the best selling cars in May have been released and they make good reading for Ford.

Watch out all Sony and Gran Turismo 5 fans, as the Xbox is back to kick some asphalt ass with the up-and-coming Forza 4. Car finance buyers will struggle to pick were their loyalties lie when Forza 4 is released for an RRP of £59.99, and it’s all thanks to the developer’s big claims for the game.

All drivers, including car finance customers, have seen the cost of running a car go through the roof over the past year, according to a report undertaken by Sainsbury’s Finance.

Ford’s quest for low-eco figures without resorting to hybrid or electric tech has taken another step forward as the company has announced its first three cylinder engine.

With Fiat’s ambitions of re-entering the American market, it was inevitable a takeover of one company would be on the horizon, and it’s now been announced that the Italian company is close to completing a car finance buy out of American giant Chrysler.

Chief executive of the SMMT, Paul Everitt, has eased fears that the car finance and sales industry is on course for more low figures. Talking to Autoblog, Everitt stated that car sales will rise but it will take a considerable amount of time.

We Brits weren’t the only country to use the now famous scrappage scheme to boost the economy, as Malta has been getting in on the act, too.