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Factory production slipped 0.4 percent in May, after a big 1.1 percent gain the previous month, the Federal Reserve said Thursday. Manufacturing output has largely been flat since February, but is up 1.4 percent in the past year. Overall.
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A Westpac subsidiary which provides car finance has been slapped with a fine of half a million dollars for repossessing vehicles without providing customers with legally required default information. Capital Finance Australia, bought by.
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A California corporation that provided financing for DealMaker Auto Group’s Honda dealerships in Watertown and Potsdam has started legal action to seize the dealerships’ inventory for alleged default on several finance agreements.
BERLIN (Reuters) – The German Finance Ministry is proposing an incentive of 5,000 euros ($5,626.50) for electric car buyers and 3,000 euros for those who purchase a plug-in hybrid vehicle, according to a document seen by Reuters on.
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rate has been reduced by 0.25 per cent while interest rate on car loans has been slashed by 0.5 per cent effective from Monday. The decision to lower rate comes within days of Finance Minister P Chidambaram asking PSU banks to cut.
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Leading public sector banks have pared down retail lending rates on home and auto loans in a move aimed at boosting demand and spur growth. Prodded by Finance Minister P. interest rates on home and car loans by up to 0.5 per cent.
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