Auto Loans


  • Longer term auto loans in style     Tuesday, 4 Mar 2014 | 10:58 AM ET

    CNBC's Phil LeBeau details the latest new car loan data.

  • PARIS, Feb 13- PSA Peugeot Citroen and Banco Santander are close to agreement on a European car loans alliance that the French carmaker plans to unveil alongside a recapitalisation deal with Chinese partner Dongfeng, sources said on Thursday.

  • Feb 4- U.S. auto dealer Asbury Automotive Group Inc posted a better-than-expected quarterly profit as easier availability of loans amid an improving economy encouraged more people to buy cars.

  • *Shares hit a high of $26.45, valuing company at $9.19 bln. Jan 23- Shares of Santander Consumer USA Holding Inc, the auto-finance unit of Spanish bank Santander SA, rose as much as 10 percent in their U.S. market debut as investors expect the company to benefit from rising auto sales. As of Sept. 30, about $850 billion of auto loans were outstanding in the United States.

  • UPDATE 2-Santander Consumer shares rise 10 pct in debut Thursday, 23 Jan 2014 | 10:20 AM ET

    *Shares hit a high of $26.45, valuing company at $9.19 bln. Jan 23- Shares of Santander Consumer USA Holding Inc, the consumer finance unit of Spanish bank Santander SA, rose as much as 10 percent in their U.S. market debut. The shares opened at $25.75 on the New York Stock Exchange and touched a high of $26.45, valuing the company at $9.19 billion.

  • Jan 9- Santander Consumer USA Holdings Inc, the U.S. consumer-finance arm of Spanish lender Banco Santander SA, is seeking a valuation of up to $8.4 billion in an initial public offering. The company, which focuses on auto loans, said it expects the IPO to raise up to $1.56 billion, based on the sale of 65.2 million shares priced at between $22 and $24 per share.

  • Alec Gutierrez, Senior Market Analyst, Automotive Insights at Kelley Blue Book said low rates and enticing lease offers have helped to get consumers back into auto showrooms.

  • What we learn from auto loans?     Wednesday, 4 Sep 2013 | 10:53 AM ET

    CNBC's Rick Santelli discusses rising rates and auto sales.

  • Renaud Laplanche, CEO of Lending Club, discusses the growing trend among some consumers to bypass banks and borrow money directly from individuals.

  • Gauging consumer confidence and credit     Friday, 9 Aug 2013 | 6:33 AM ET

    Ezra Becker, TransUnion, provides an overview of the U. S. consumer credit landscape, including a look at credit card use, mortgage lending, student loan volumes and auto lending.

  • Sell Tesla: Analyst     Wednesday, 7 Aug 2013 | 10:51 PM ET

    David Dietze, President & Chief Investment Strategist at Point View Wealth Management, says that investors should not get into Tesla Motors as the stock is just too expensive.

  • Overdue Auto Loans On the Rise     Tuesday, 25 Jun 2013 | 12:00 AM ET

    The percentage of auto loans that are past due is rising due to subprime borrowers, reports CNBC's Phil LeBeau.

  • Automakers in High Gear for Summer Car Deals Thursday, 20 Jun 2013 | 7:06 AM ET
    A Ford F150 pickup truck is displayed at Al Piemonte Ford on June 3, 2013 in Melrose Park, Illinois.

    With more cars on the lot this year, the summer auto sale are likely to be back in full force. But not every deal is a steal. Consumers will need to shop wisely.

  • US Watchdog Expands Probe Into Auto Lenders Friday, 3 May 2013 | 5:25 AM ET

    The Consumer Financial Protection Bureau expanded its probe into the car loan industry by issuing subpoenas to auto lenders over the sale of financial products like extended warranties, the WSJ reported.

  • Car Loans Growing Longer and Pricer for Buyers Thursday, 18 Apr 2013 | 2:51 PM ET

    Six- and seven-year loans are becoming an increasingly popular choice — and some lenders will even stretch that out to eight years. These long-term loans allow buyers buy the vehicle they want, but it also costs them more.

  • Millennials Tracking the ‘Greatest Generation’ Thursday, 18 Apr 2013 | 1:43 PM ET

    A report suggests 20-somethings living in their parents' basement may take after the thrifty, debt-averse survivors of the Great Depression.

  • Tesla Stock Falls Sharply After Announcement     Wednesday, 3 Apr 2013 | 11:10 AM ET

    CNBC's Phil LeBeau breaks down the costs of the electric automaker's new financing program.

  • Fed-Fueled Auto Loans: The Next Subprime Bubble? Wednesday, 3 Apr 2013 | 8:56 AM ET
    A car awaits repairs in the service department at a Chrysler dealership.

    At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.

  • CNBC's Phil LeBeau has the details on a new finance program that could boost sales for the electric car company.

  • AutoNation's CEO: 'Excellent' March Auto Sales     Wednesday, 3 Apr 2013 | 6:50 AM ET

    Mike Jackson, Chairman & CEO at AutoNation, reports his company's monthly sales numbers; and discusses Tesla's new auto financing program.

Most Popular Video

Wednesday, 16 Apr 2014 | 6:00 PM ET

Mad Money host Jim Cramer dissects earnings this quarter thus far and explains why be believes companies are part of the solution and not the problem in this market.

Wednesday, 16 Apr 2014 | 10:41 AM ET

CNBC's Dominic Chu digs into the year-to-date S&P performance of the airlines and explains why it has been the lone bright spot for the industrial sector.

Wednesday, 16 Apr 2014 | 4:03 PM ET

Providing instant analysis to Google's quarterly numbers, with Victor Anthony, Topeka Capital Markets; Andrew Stoltmann of Stoltmann Law Offices; CNBC contributor Michael Yoshikami; "Fast Money" trader Tim Seymour; CNBC's Michelle Caruso-Cabrera and Dominic Chu.