Latest in Car Finance Industry
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Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - 15 hours ago -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
Santander delays full UK results as it weighs impact of car finance ruling
Profits drop in British business as one of Spanish bank’s biggest markets emerges as a trouble spotBusiness - Financial Times - October 29 -
Motorists who bought cars on finance could share in billions
The car finance industry is setting aside billions to pay for potential claims after a test case.Top stories - BBC News - 2 days ago -
FCA to give car finance sector more time to handle surging complaints
UK financial regulator launches consultation after landmark Court of Appeal rulingWorld - Financial Times - Yesterday -
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Banks warn UK Treasury of risk of sector turmoil after car finance ruling
Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissionsBusiness - Financial Times - October 29 -
Germany’s car industry is losing its famous Vorsprung – and it can’t all be blamed on Trump and tariffs | Konstantin Richter
It was once the envy of the world – but now its arrogance and failure to change or take risks lie at the root of its decline. About 50 years ago, a man named Hans Bauer who worked in marketing for ...World - The Guardian - 18 hours ago -
Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party
Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdictWorld - Financial Times - October 30 -
Hospitals in firing line of forgotten war
Sudan’s brutal civil war is taking a devastating toll on the country’s health facilitiesWorld - Financial Times - October 30 -
Why EU defence and security policy will stay in the hands of capitals
Also in this newsletter: wading into France’s budget messWorld - Financial Times - October 30 -
Democratizing finance: Spectral Labs and the autonomous finance movement
CONTRIBUTOR CONTENT: From 2024 to 2031, there will be an annual growth of 26.00% in AI and blockchain and Spectral Labs is taking part in this revolution. Spectral Labs is on a mission to change ...Tech - VentureBeat - 2 days ago -
COP29 Climate Talks Focus on Financing
Negotiators agree that trillions are needed to help lower-income countries adapt and cope, but not on who should pay.Science - The New York Times - Yesterday -
COP29 Climate Talks Focus on Financing
Negotiators agree that trillions are needed to help lower-income countries adapt and cope, but not on who should pay.World - The New York Times - Yesterday -
Carbon removal industry calls on U.S. government for regulation in new industry report
The nascent industry for removing carbon dioxide directly from the air is calling on the U.S. government to adopt standards and regulations to boost confidence in the businessTech - ABC News - October 23 -
Israel Strikes Hezbollah-Affiliated Financial Institution in Lebanon
Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south ...World - The New York Times - October 21 -
UK chancellor to unlock financing for critical minerals supply
Measures will benefit manufacturers, particularly in defence, aerospace and EV battery makers, says TreasuryBusiness - Financial Times - October 24 -
Atlas of Finance — a visual aid to the global money maze
An eclectic and ambitious series of maps, graphs and diagrams helps disclose the locations of hidden richesBusiness - Financial Times - October 25 -
Is there a £22bn ‘black hole’ in the UK’s public finances?
Economists say the state of public finances should not have come as a complete surprise to the new government.Top stories - BBC News - October 31 -
German government collapses as Scholz sacks finance minister
Departure of Christian Lindner marks the end of the country’s unpopular three-party administrationWorld - Financial Times - November 6 -
British banks face an expensive motor finance crash
Giving dealers incentives to increase loan interest rates for car buyers could be ruinous for lendersWorld - Financial Times - 6 days ago -
Clashes, confusion and secrecy consume the Harris campaign's finances
If Kamala Harris' campaign was known for anything, it was its blockbuster fundraising.Top stories - NBC News - 15 hours ago -
The water industry is in crisis. Can it be fixed?
Simon Jack asks what reform of the troubled sector could mean for customers and their bills.Top stories - BBC News - October 25 -
The race to shape UK industrial strategy
Business leaders and regional mayors try to influence government’s flagship economic growth policyWorld - Financial Times - Yesterday -
Reports: Leverkusen's Boniface in car accident
Bayer Leverkusen striker Victor Boniface was involved in a car crash following the club's 2-1 victory over Eintracht Frankfurt, German media reported on Sunday.Sports - ESPN - October 21 -
'Sorry' water boss has plan to end sewage spillages
Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.Top stories - BBC News - October 23 -
How gen AI is revolutionizing the fitness industry
CONTRIBUTOR CONTENT: Since the introduction of generative AI, many industries have undergone significant transformations. Recently, the new amp fitness machine was launched, showcasing how gen ...Tech - VentureBeat - October 23 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
The Music Industry Is Hoping Halloween Can Be the New Christmas
Eyeing the big business of holiday music, a few of pop’s major players are trying to expand the market for Halloween hits.Top stories - The New York Times - October 28 -
Sean Combs Is a Chance to Remake the Music Industry
Music hasn’t had its #MeToo moment. But a transformation in how the industry works means toxic gatekeepers no longer wield the power they once did.Top stories - The New York Times - October 31 -
How a San Francisco Vineyard Is Changing the Wine Industry
With eight rows of vines in San Francisco and a vision of inclusivity, Christopher Renfro and Project Two Eighty are training the next generation of winemakers.Top stories - The New York Times - November 1 -
No, tariffs did not make American industry great
New research suggests that America’s manufacturing rise came despite high tariffs, not because of them.Business - MarketWatch - November 5 -
The Crypto Industry’s Spending on the Election Pays Off
The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.Business - The New York Times - 6 days ago -
The Watch Industry’s Role in Your Speeding Ticket
It was the development of the chronograph, essentially a stopwatch, that laid the groundwork for automobile speed limits.Lifestyle - The New York Times - November 7 -
Trump’s Win Shows Limits of Biden’s Industrial Policy
Long-term economic investments in domestic manufacturing were overshadowed by real-time anxiety over rent and grocery prices.Business - The New York Times - 6 days ago