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...Any lenders funding motor finance should worry about how this problem could mushroom....
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...Tata Motors’ stock has more than doubled over the past year, far outpacing the Indian market — quite a feat for a company with a market value of more than $40bn....
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...Aston’s shares have halved under Felisa’s tenure, amid concerns about the company’s finances. Last week Aston announced it had raised £1.15bn through its latest refinancing....
...Multinational carmakers have given a firm vote of confidence in Brazil in 2024, with significant funding also confirmed in recent weeks by Volkswagen, Toyota, Hyundai and General Motors, together totalling...
...Backed early by Hyundai, the company was once valued at $15bn when it listed on the Nasdaq exchange in 2021....
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
...Close Brothers, which also owns Winterflood Securities and has an asset management branch, is the most exposed lender to car finance in relative terms, with motor finance deals representing 22 per cent of...
...Then, last week, fellow start-ups Rivian and Lucid Motors also announced lacklustre results, sending their shares tumbling....
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