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Chrysler Financial gets $1.5 billion federal loan
Fri, 16 Jan 2009The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.
Frankfurt 2011: Mazda C-X5 2012 Debut
Wed, 14 Sep 2011Mazda CX-5 debuts at Frankfurt We got the pre-Frankfurt reveal of the 2012 Mazda CX-5 last month, and we have to say it’s an impressive bit of kit and has looks as good as anything else in the sector. The new CX-5 is going up against some tough competition with very able – and very well-established – competitors like the RAV4, Tiguan, Kuga and CR-V. But, if people get past their antipathy twoards a brand that has the name of a light bulb, they will find the CX-5 is a market winner.
SEASONAL PRESSURES SEE MARKET SLOW IN JULY
Thu, 10 Oct 2013AUCTION house BCA’s latest Pulse report shows that demand for older, lower value dealer part-exchange cars improved in July, but the fleet and lease sector has experienced more price pressure. The headline average used car value declined in July, as would typically be expected at the onset of the summer holiday months. Values across the board fell to £5,633 down from the £5,662 recorded in June – a £29 decrease that was equivalent to 0.5% fall.