Michael Ward, Sterne Agee CRT, and Dave Whiston, Morningstar, discuss auto sales.» Read More
MOSCOW, Dec 22- Russia's Sberbank, the country's largest lender, denied a report on Monday from RIA news agency that it had suspended taking new requests for auto loans and mortgages, its Chief Financial Officer Alexander Morozov told Reuters. "Information on the suspension of is not true," Morozov said, adding that the bank continues to see mortgages as a priority...
RUSSIA'S SBERBANK DENIES RIA NEWS AGENCY REPORT IT HAD SUSPENDED TAKING NEW REQUESTS ON AUTO LOANS, MORTGAGES- DEPUTY CEO TO REUTERS.
MOSCOW, Dec 22- Russia's Sberbank, the country's largest lender, has suspended until the end of February taking new requests from retail clients on loans for automobiles and mortgages, RIA news agency reported.
RUSSIAN SBERBANK SUSPENDS TAKING NEW REQUESTS FROM RETAIL CLIENTS ON CAR LOANS, MORTGAGES- RIA NOVOSTI.
CNBC's David Faber reports the Treasury Department will sell its remaining shares in Ally Financial which were acquired under the government's bailout of the auto lender. Jim Cramer provides insight.
With auto sales accelerating, Mike Jackson, AutoNation CEO, breaks down their strong auto sales numbers for November and provides his forecast for 2015.
CNBC's Phil LeBeau provides insight to the impact, if any, of lower jet fuel costs to airline customers, and cheaper gas to the auto industry. He also discusses why shares of Tesla are down.
The buyers of new and used cars are borrowing record amounts of loans, reports CNBC's Phil LeBeau.
"You really need to shop for the loan before you shop for the car," one consumer advocate says.
Mike Jackson, AutoNation chairman & CEO, weighs in on the role of sub-prime auto loans in the marketplace.
A DC Federal Judge dismissed investor lawsuits related to Fannie Mae and Freddie Mac profits. CNBC's Kate Kelly says the ruling is a major potential blow to smart money involved.
Some investors are warning a wave of auto loan defaults could lay ahead, reports CNBC's Kate Kelly.
Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.
Subprime lenders are increasingly relying on technology that allows them to track and disable delinquent borrowers’ vehicles.
Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday. Enjoy easy money while it lasts.
Individuals aged 18-29 are less likely to own a credit card than any other age group, according to a new Bankrate.com study.
More Americans are falling behind on auto loans. CNBC's Phil LeBeau reports 19.6 percent of auto loans are subprime or deep subprime.
CNBC's Phil LeBeau says subprime auto loans surged in Q2, according to Experian.
Experian Automotive's Q2 report show a significant 70 percent increase in the rate of auto repossessions, reports CNBC's Phil LeBeau with a look at the recent data.
GM received a subpoena from the US Department of Justice requesting information about the company's use of subprime automobile loan contracts.