Jul 23, 2018: China is leading global demand for new passenger vehicle sales in major markets, ahead of the US and EU, according to the latest data from ACEA, the European Automobile Manufacturers' Association. ACEA’s latest 29-page Economic and Market Report f...

 

May 23, 2018: China’s president Xi Jinping has announced a substantial widening of its market access programme that will create growth opportunities for foreign companies, including the auto finance sector. In response to the announcement, the People's Bank of ...

 

May 09, 2018: Increasing demand in Asia, particularly China and Japan, has been a key factor in global growth at Volkswagen Financial Services, the company has revealed. Overall, the company reported 613,000 new contracts for vehicle finance in the first quarte...

 

Apr 27, 2018: A new trade association for the automotive industry in the Middle East and North Africa has launched to offer a place to exchange ideas and gain insight on key issues. The founder of The Automotive Association Middle East and North Africa (AMENA) ...

 

Apr 27, 2018: French carmaker Groupe PSA has launched a new auto leasing joint venture in China with DongFeng Motor Group. Under the 300 million Renminbi deal (US$47 million), vehicle leasing services will be offered through a new business set up by DongFeng Mo...

 

Nov 30, 2017: Volkswagen Financial Services Australia (VWFSA) has paid a penalty of AUD$216,000 (US$163,000) after the Australian Securities and Investments Commission (ASIC) issued infringement notices for alleged misleading advertising statements. The penalty...

 

Nov 16, 2017: Volvo Financial Services, the global captive finance arm of the Volvo Group, has announced the launch of its operation in South Africa. Volvo Financial Services Southern Africa (Pty) will provide financial services to the customers of Volvo Group’...

 

Feb 08, 2017: Jaguar Land Rover (JLR), owned by India's Tata Motors, increased sales to China from around £250 million in its 2009 financial year to almost £8 billion in 2014-2015, allowing it to more than double its UK workforce. ...

 

Dec 19, 2016: French car maker Renault, together with local partners, has opened China's first experimentation zone for self-driving cars in the central Chinese city of Wuhan. ...

 

Dec 12, 2016: Australian auto lenders warned to “get their house in order”. ...