Ferrari agrees funding deal worth 2.5 billion euros

Nov. 30, 2015 15:42 CET

Ferrari has signed contracts to raise 2.5 billion euros which it will use in part to refinance debt owed to Fiat Chrysler as it moves towards separation from its parent company....
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BLOG: How credit unions, as a group, will become the largest auto lender

11:45 am U.S. ET | June 3, 2015

Credit unions as a group, largely working through Credit Union Direct’s CUDL platform, are poised to become the largest single lender to auto buyers -- eventually. Here’s how....
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New car, truck loans reach longest term on record

12:31 pm U.S. ET | June 1, 2015

The average length of loans for new and used vehicles in the U.S. in the first quarter hit record highs, and nearly 30 percent of new-vehicle loans have pay-back periods longer than six years, Experian Automotive says....
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