Archive for the ‘Auto Finance’ Category.

Latest Auto Finance News

Ovadia Levy and the American Dream
Ovadia Levy later sold the auto finance business to get into a lucrative emerging market – niche cable network distribution. He managed to secure an exclusive license from legendary film producer Arnon Milchan, at age 24, to distribute various Israeli …
Read more on Town Hall

1 person missing from Obama’s victory lap at auto show
As President Barack Obama toured the 2016 North American International Auto Show with Paul Sabatini, chairman of the show, and Dennis Williams, president of the UAW, there was one person missing who deserved to be on the victory lap celebrating the …
Read more on Detroit Free Press

Drive into the future: Best of the Detroit Auto Show

Drive into the future: Best of the Detroit Auto Show
… as the North American International Auto Show got under way in Detroit. About 40 vehicles made their worldwide debut at the annual event, which opens to the public Saturday. Yahoo Finance columnist Rick Newman, who was in Detroit for the press …
Read more on CBS News

Ally Financial (ALLY), McLaren Automotive N.A. Enter Preferred Financing
McLaren Automotive North America and Ally Financial announced today a new preferred financing relationship, which includes the availability of retail financing and competitive leasing options for McLaren’s two best-selling models, the McLaren 570S and …
Read more on StreetInsider.com

Credit Unions Gain Share In Auto Loans; It Pays To Shop Around
More U.S. borrowers are turning to credit unions for auto loans, even though banks and “captive” finance companies still dominate the market. Credit unions are on the rise in part because credit unions have tax advantages that often allow them to beat …
Read more on Forbes

Latest Auto Finance News

Surge in Subprime Auto Lending Draws Attention
Subprime auto lending is shifting into higher gear, raising some concerns in Washington where top financial regulators have sounded alarms about this category of loans. Over the six months through September, more than $ 110 billion of auto loans have …
Read more on Wall Street Journal

Low interest rate pushes auto financing to seven-year high
KARACHI: With the lowest level of interest rate in 42 years and improving economic indicators, Fiscal Year 2015-16 (FY16) is expected to be a milestone year for auto finance as outstanding position of loans for the purchase of vehicles amounted to over …
Read more on Daily Times

Future of auto finance: same but different
Jones told the sell-out audience of more than 200 delegates that as a newcomer to the auto finance industry (he has been in post just four months), his first impressions are of a sector experiencing rapid growth but with an enviable ability to change …
Read more on Asset Finance International (press release) (blog)

Guaranteed Auto Finance For Taxi Drivers

Fowler’s company is one of the fastest businesses in United Kingdom and they are growing at rapid stage. They are mainly focusing on development of consumer brand which is offering wide range of services for motoring and Taxi Finance services. They are also offering wide selection for vehicles in Taxi Sales. This company provides Taxi Finance solution for any kind of financial situations like hire purchase, contract hire, personal contract and other kind of leasing options. There is no need to deposit anything and the company can supply and deliver any kind of vehicle of your own choice.

From when the Crunch has started, it has become very tough for any person to get Taxi Finance and this situation is very bad even if you are not having good credit history. This is one kind of news for a driver having license to drive Mini Cab, this means only one thing for them, No Money. If they are not having money then there is no work and you won’t be able to rent a car at given price. In such kind of situation you don’t have to worry because there is a Taxi Finance and Taxi Sales option available for you by Fowler’s company UK. They call this as a Guaranteed Finance. They are considered as leading supplier of different kind of vehicles to Taxi Sales, private car hire and courier industries in the UK. If you look at the site of Fowler’s Motors Limited, that is located in Staffordshire, they are having almost more than 500 different kinds of cars, minibuses, and MPV and black cabs.

They are having specialization in Taxi Finance as well as supply and manufacturing different vehicles especially for taxi industry. Even they are also designing vehicles for private hire and wheelchair needs. This company is having more than 100 people and very friendly staff members. This staff can surely help you and guarantee you to find the right kind of vehicles for your requirements. Fowler motors also provides different types of finance schemes that also specialize in loaning amount to their customer. Their Taxi finance packages are divided in different forms like: Initial deposit that can start from 500 pounds, weekly payment or they also help in improving the credit score. They have designed these packages by keeping all type of business of UK.

Fowler’s Finance is one of the sister company of Fowler Motors. They are having specialization in loaning money for Taxi, collection and delivery services. Taxi Sales They are also having specialization in loaning money to different businesses and this company’s main target is to help and build business relationship with different clients. Their intention is not to just sell a vehicle.

For more details just visit our website http://www.fowlersmotors.co.uk “> Taxi Finance

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Auto finance sector slow to adopt latest technology

Auto finance sector slow to adopt latest technology
“The sharing economy, generation Y, innovations in the technology sector and environmental pressures present enormous challenges to the automotive retail and asset finance sectors, and worryingly the sector is showing a lack of creativity and …
Read more on FierceFinanceIT

Car finance company ordered to repay .28 million
A court has ordered an Ohio-based auto finance company that specializes in loans for servicemembers to repay about $ 2.28 million for engaging in illegal debt-collection practices, the Consumer Financial Protection Bureau said Wednesday. The order …
Read more on Stars and Stripes

Latest Auto Finance News

CarMax Auto Finance not wary of being under CFPB jurisdiction
On the day CarMax Auto Finance completed the second quarter of its current fiscal year with a 6.2-percent increase in net income, the financing arm for the used-vehicle retailer came within the jurisdiction of the Consumer Financial Protection Bureau …
Read more on Auto Remarketing

Fifth Third agrees to pay million to settle claims
The auto loans settlement, which the Consumer Financial Protection Bureau and the Department of Justice announced Monday afternoon, still requires court approval. Regulators said Fifth Third (Nasdaq: FITB) was involved in a pattern or practice of …
Read more on Cincinnati Business Courier

Islamic auto financing fuels car sales in Pakistan
Carmudi has recently published a white-paper that encompasses current and future state of the flourishing car financing market in Pakistan, and how consumer attitudes towards credit have transformed in recent years, especially with the growing trend of …
Read more on Al-Bawaba