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Volkswagen to increase car financing in Europe

Volkswagen to increase car financing in Europe

Volkswagen AG plans to expand financial backing for its vehicles in Europe by one-third in order to consolidate customers’ loyalty. Europe’s largest carmaker will finance or lease 40 percent of new Audi, Seat, Skoda and VW models delivered on the continent within four years, compared with 30 percent in 2011. […]

US Auto Finance Rates Hit New Low In March

US Auto Finance Rates Hit New Low In March

Average automobile finance rates in the U.S. dropped to the lowest levels since at least 2002 in March, according to automotive information aggregator Edmunds.com, with embattled Toyota heading the list with the lowest average finance rate of 1.9 percent. The drop in car loan rates was due to sizable incentives […]

Ford will offer payment delays for customers who were hit by IKE hurricane

Ford will offer payment delays for customers who were hit by IKE hurricane

Ford Motor Credit Company announced that is offering customers affected by Hurricane Ike the option to delay some car payments. Ford Motor Credit’s Disaster Relief Program allows qualified customers to delay one or two monthly payments, resuming their regular payment schedules when their situations improve. Ford Motor Credit customers who […]