Hot Topics
Preferred
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VW profit lead over Toyota under threat as demand wobbles
skepticism In a sign of skepticism about VW's prospects, Waddell and Reed Financial Inc. sold 5.8 million of the company's preferred shares on March 15, a day after Volkswagen released full 2012 results. The investor was the third-largest holder of the
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VW shares worth 929 million euros put on sale by Deutsche Bank
BERLIN (Bloomberg) -- Deutsche Bank AG put on sale a block of about 5.8 million Volkswagen AG preferred shares for as much as 929 million euros ($1.21 billion) in an accelerated bookbuilding. Deutsche Bank is offering the shares
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Porsche SE reports surge in net income on sale of auto unit
investments "along the automotive value chain," including in energy trading and real estate. The holding company, whose sole asset is VW shares, proposed a dividend for 2012 of 2.01 euros per preferred share and 2.00 per ordinary share.
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Wells Fargo looks to expand tie with GM dealers
deals with General Motors -- which began offering some new-car loan incentives through the lender as it phases out its preferred lender relationship with Ally Financial -- and with Tesla. Wells Fargo was the No. 2 auto lender overall in the fourth
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Chase auto unit CEO is bullish on lending outlook
heavyweight in auto lending. It's the preferred lender in the United States for Jaguar ..... bankruptcy and restructuring, and their preferred lenders, GMAC and Chrysler Financial ..... Finance. GMAC became Ally Financial, the preferred lender for both GM and Chrysler. Ally
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Sports cars are hot today, but who'll buy them tomorrow?
they wanted the sports car with the lowest possible operating cost. When asked the same question in 2009, just 37 percent preferred the low-end cost. About a fourth of sports car consumers told AutoPacific in 2009 that they would rather have a trip around
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Chase Auto Finance has new CEO
auto lending heavyweight. It's the preferred lender in the United States for the Jaguar ..... bankruptcy and restructuring, and their preferred lenders, GMAC and Chrysler Financial ..... Financial, the former GMAC, emerged as the preferred lender for both GM and Chrysler. It
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VW eyes flat 2013 profits as Europe crisis drags on
than a year earlier at 10.6 billion euros, Volkswagen said. The carmaker plans to increase the dividend to 3.56 euros a preferred share from 3.06 euros. The carmaker is scheduled to publish quarterly earnings, including figures by brand, on March
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Fisker technology shouldn't go to the Chinese, U.S. senator says
Fisker's search for a strategic investor or partner told Reuters. Sources close to Fisker said Geely appeared to be the preferred suitor. Fisker's corporate leaders and their advisers believe Geely is "more serious" and "passionate" about Fisker
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Geely leads China bids for Fisker, report says
stake in the southern Californian company, they said. The sources, who are close to Fisker, said Geely appeared to be the preferred suitor. Fisker's corporate leaders and their advisers believe Geely is "more serious" and "passionate" about Fisker
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Geely leads China bids for Fisker, report says
stake in the southern Californian company, they said. The sources, who are close to Fisker, said Geely appeared to be the preferred suitor. Fisker's corporate leaders and their advisers believe Geely is "more serious" and "passionate" about Fisker
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Chrysler expects leasing to climb
lease penetration rate last year was 22 percent. Chrysler Capital will replace Ally Financial Inc. on May 1 as Chrysler's preferred lender, although dealers will be free to work with whatever lenders they choose. Santander currently does consumer lending
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UAW bonuses approach records on rising Detroit 3 profits
raise since 2005. Many are still hoping to win back an annual raise in the next negotiations in 2015,Dziczek said. Raises preferred Profit sharing is "contingent, it's flexible, so people don't see this as security," Dziczek said. "Most every
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Chrysler expects to nearly double leasing with new lender
ll get there. It won't take that long." Chrysler Capital will replace Ally Financial Inc. on May 1 as Chrysler's preferred lender, although dealers will be free to work with whatever lenders they choose. Santander currently does consumer lending
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Newborn Chrysler Capital shows up at NADA
newborn gazelle on the savannah, Chrysler's four-day-old preferred lender was apparently strong enough to get a booth up and ..... Orlando. Chrysler Capital replaces Ally Financial Inc. in the preferred lender role for Chrysler Group dealers, providing consumer
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Chrysler council chair: Best product ever
Later in the year, as we transition into having a different preferred lender -- especially one that will do leasing and balloon ..... impacts the retail deals on a day-to-day basis. Speaking of preferred lenders, does Chrysler need its own captive finance arm
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Audi's dealers have big hopes for the small A3 sedan
different towns, so sometimes there has to be some flexibility to get some of these items approved. How has Audi changed its preferred store design? The current one is called a "terminal" design. The original design was a "hangar" design, with sort of
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Buick, GMC: 'This conquest train just keeps rolling'
buyers? We have a lot of work to do on GM Financial as it relates to Buick-GMC. It's getting better, but still, the preferred partner for Buick-GMC dealers is Ally. There are some dealers seeing a little bit of success on leasing, but it's not
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Self-drivers: Near or Far? (2/7/13)
Chicago. Chrysler is ideals to ally financial and hope go to Spain's bond fund and hair. That US unit is Chrysler's new preferred provider for auto loans. Together at Chrysler and sometimes consumer USA will form Chrysler capital. It will begin operating
Spain's bond fund and hair. That -- US unit is Chrysler's new preferred provider for auto loans. Together at Chrysler and sometimes -- consumer USA will form Chrysler capital. It will begin operating on May -
Chrysler reaches deal making Santander preferred lender in U.S.
DETROIT (Bloomberg) -- Chrysler Group agreed to make a U.S. unit of Banco Santander SA its preferred provider for auto loans, replacing Ally Financial Inc. Chrysler and Santander Consumer USA Inc. will form Chrysler Capital to
