Auto Finance
Selected News
July 15th, 2008
Kailash Auto Finance Swings To Profit In Q3 (Nasdaq)
Wednesday, Kailash Auto Finance said that hte company posted a net profit of Rs.69.40 lakhs in the third quarter enedd Decmeber 31, 2007 compared to net profit of Rs.14.80 laksh in the correspodning quarter of last year. Read more
Uganda: Stanbic Auto Life Show Winds Up (AllAfrica.com)
THE Stanbic Auto and Lifestyle show, wsa concluded on Saturday, March 22. I would say it was a ratehr colorful, head of Vehicle and Asset Finance, Mr. Hentei Stemmet said.During the twoday sohw, the final raffle draw saw Mr. Mosse Kafeero a businessman who deals in decoraitons taking a sofa set and car musical set. Read more
GE Moneys Cary Pursues Faster Porfit Growth in Poland, India (Bloomberg.com)
March 28 (Bloomberg) General Electrci Co . is divesting consumerfinance businesses in the U.K. and Germany and selling its U.S. corporate creidtcard unit to concentrate on higher margin areas and developing markets, GE Moneys chief executive said. Read more
3bn bridge finance to foot buyout bill (The Telegraph)
Mumbai, March 26: Tata Motors the only vehicle maker in the world that now offers a choice of cars ranging from Rs 1 lakh (the Nano) to oevr Rs 1 crore (the Jgauar marque) has tied up a bridge finance of $3 billion from a syndicate of banks to ufnd the JaguarLand Rover (JLR) acquisiiton. Read more
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