Car Loans

Barack Obama made a call for US drivers to “buy American” yesterday, in the same breath as he announced a plan for the Italian carmaker Fiat to become the major shareholder in Chrysler, an American icon with a history stretching back to 1925.

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MALAYSIA’S second national car manufacturer, Perodua, prefers banks to impose standard rates for hire purchase loans for all of the company’s models.

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Kickbacks to auto dealers cost North Carolinians $665 million in unnecessary interest payments on new and used cars bought in 2007, according to research from the Center for Responsible Lending. “Car Trouble: Predatory Auto Loans Burden North Carolina Consumers” reveals common industry practices hidden from public view that make many car loans a bad deal for consumers.

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THE country’s second national carmaker, Perusahaan Otomobil Kedua Sdn Bhd (Perodua), prefers banks to impose standard rates for hire purchase loans for all its models.

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Japan’s Housing Starts Fall 20.7% On Year

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The U.S. Treasury raised its offer by $250 million in debt restructuring talks with Chrysler LLC lenders on Wednesday as part of a final push to win over lenders holding out for better terms and avoid bankruptcy, two people person briefed on the closed-door talks said.

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Cadbury Quarterly Revenue Rises

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Emboldened by newfound profits and eager to shake off federal control, a growing number of banks are resisting the Obama administration?s proposals for fixing the system.

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Bank Of Japan Stands Pat On Interest Rates

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Hong Kong Stocks Jump In Early Trading

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