The White House budget blueprint proposes ending the Advanced Research Projects Agency-Energy, or ARPA-e, program, which gives $300 million a year in grants for research in technologies aimed at reducing fossil-fuel consumption and improving energy efficiency. The White House would also eliminate a U.S. Energy Department clean vehicle loan program that...
The White House budget blueprint proposes ending the Advanced Research Projects Agency-Energy program, which gives $300 million a year in grants for research in a wide variety of technologies aimed at reducing fossil fuel consumption and improving energy efficiency. The White House would also eliminate a U.S. Energy Department clean vehicle loan program...
BEIJING/ HONG KONG, March 10- After a spending spree stretching from hotels to electronics distribution in 2016, Chinese conglomerate HNA Group says it is now investing in financial services, betting on asset managers and consumer finance for growth at home and overseas. The moves reflect a broader push by China into financial services globally as Beijing...
CNBC's Phil LeBeau reports the price gap between new and used cars has hit a new all-time high with the average new vehicle loan payment of $506.
In the fourth quarter, the average amount borrowed to pay for a new vehicle jumped more than $1,000 to hit a total of $30,621.
NEW YORK, Feb 16- More Americans fell behind on their car loan payments in the fourth quarter, bringing auto delinquencies to their highest since the height of the financial crisis, Federal Reserve Bank of New York data released on Thursday showed. Car loans delinquent by 30 days or more grew to $23.27 billion, the most since $23.46 billion in the third quarter of...
WalletHub released 10 financial predictions for 2017 to prepare you for the opportunities and challenges in the year ahead.
New vehicles depreciate the minute you drive off the lot. That's why more shoppers are wising up to this cost-saving opportunity.
Used cars and trucks now on track to reach a record number of preowned vehicle sales in the US.
Regulators say the recent rise of subprime delinquencies in the US is a cause of significant concern.
A new report finds the average age of a vehicle in the US has reached an all-time high of almost 12 years.
Financial advisors say that most of their clients are confused about the ins and outs and associated costs of credit.
Earl Hesterberg, Group 1 Automotive CEO, discusses the demand for new and used cars as well as what auto sales figures are saying about the state of the economy. CNBC's Phil LeBeau weighs in.
CNBC's Phil LeBeau reports why those with good credit ratings are turning to used cars rather than new.
Car buyers with the best credit records are shifting gears, with more of them taking out loans for used vehicles instead of new ones.
KBW analysts are looking at "shadow banking" stocks and think nonbank lenders may rebound.
Delinquencies in subprime auto loans are on the rise, and that could signal bad news for lenders and automakers.
Santander Consumer USA looks to resolve issues regarding "discount accretion and credit loss allowance methodologies."
Auto debt recently eclipsed the $1 trillion mark but big banks are cranking out more and more auto loans.
A look at the top five most- and least-expensive auto insurance rate increases, by state, for parents adding a teen to an existing policy.