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US: the 2015 insurance bargains

US: the 2015 insurance bargains

You might consider this as another reason to go for the upcoming autonomous cars – they would be dirt cheap to ensure because they could thoroughly increase safety. But before that scenario – which is not so Sci-Fi as we might have once thought – comes into full effect, let’s […]

Report – BMW now sells bonds in UK pounds

Report – BMW now sells bonds in UK pounds

The German company has started selling bonds in pounds after borrowing costs in the currency climbed by the most in two months amid speculation U.K. interest rates will increase sooner than expected. According to a person familiar with the matter, BMW is selling 300 million pounds ($480 million) of four-year […]

US sales up on subprime buyers

US sales up on subprime buyers

As the fifth anniversary of the Federal Reserve’s policy of keeping interest rates near zero approaches, the market for subprime borrowing is once again becoming frothy, this time in the car business. As with mortgages in 2006 and 2007, the central bank’s stimulus is making it easier for people with […]