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Argentina gives car loans to boost industry

Dec. 6, 2008
Argentina's auto industry will get a 3.1 billion peso ($900 million) boost with cut-rate loans for first-time new car buyers, the government said Saturday.
Related Stories from UPI.com

Delinquent car loans rose in third quarter

DETROIT, Nov. 24 (UPI) -- Delinquent U.S. car loans rose 8.1 percent in the third quarter, reaching $22.9 billion, meaning loans may be harder to get at banks, a lending expert said.

Poll: Consumers favor loans for automakers

WASHINGTON, Nov. 14 (UPI) -- A majority of U.S. adults indicated they would support federal loans to help the struggling automobile industry, a recent poll said.

Aide: Obama wants more for auto industry

DETROIT, Oct. 14 (UPI) -- The ailing U.S. auto industry would receive help from a Barack Obama administration, the Democratic candidate's top economic adviser said.
Automakers to get $25 billion in loans

Automakers to get $25 billion in loans

DETROIT, Sept. 28 (UPI) -- Congressional approval of $25 billion in low-interest loans could boost the flagging U.S. auto industry, Sen. Carl Levin, D-Mich., says.

Automaker loans to be part of bailout

WASHINGTON, Sept. 20 (UPI) -- Billions of dollars in loans slated for U.S. automakers seem likely to go through as Congress moves to bail out the banking industry, industry players say.

Activists call auto loans consumer traps

CHICAGO, June 22 (UPI) -- Loans based on auto titles are ensnaring people in debt by charging triple-digit interest rates, U.S. consumer activists say.

Downturn hits some with auto loans

WASHINGTON, April 20 (UPI) -- Many U.S. car buyers are finding as the economic crisis worsens they assumed more debt than they can handle when they took out loans in the days of easy credit.

Credit crunch could flatten U.S. car sales

DETROIT, Feb. 4 (UPI) -- U.S. banking executives are worried the credit crunch and a possible recession will decrease auto sales for 2008, the Detroit News reported Monday.

Utah payday lenders refuse military loans

SALT LAKE CITY, Oct. 2 (UPI) -- Utah storefront lenders are refusing to make loans to military members rather than give them low rates mandated by a new law, an industry association said.

Regulators check for mortgage bias

WASHINGTON, Oct. 1 (UPI) -- Federal regulators reportedly are reviewing about 200 lending institutions for possible minority discrimination on mortgage loans.

U.S. consumer credit up in July, slightly

WASHINGTON, Sept. 8 (UPI) -- U.S. consumer credit rose slightly in July to an annualized rate of 2.5 percent, after rising at a nearly 4 percent pace in the second quarter.

BoA buying billions in GMAC loans

NEW YORK, July 27 (UPI) -- Bank of America Corp. is buying as much as $55 billion in auto loans from General Motors Corp.

China eases getting auto loans

BEIJING, Aug. 17 (UPI) -- China's central bank and its regulatory watchdog jointly approved guidelines Tuesday on auto financing to ease getting an auto loan.

Growth in Chinese car sales is slowing

BEIJING, June 5 (UPI) -- Chinese officials prepared Saturday for an international auto show just as growth in domestic car sales has fallen, the Financial Times reported Saturday.

Many auto buyers are 'upside down'

DETROIT, July 8 (UPI) -- Nearly 40 percent of new car buyers are "upside down" -- owing more on their vehicles than they're worth as trade-ins.
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa