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Federal Government Comes To Aid Of Car Dealers With Special Purpose Vehicle Financing Trust

FRI, 5 DEC, 2008

Many in the community are aware that the announced exit of GE and GMAC finance from the dealer wholesale finance market left a $2 billion ‘hole...

New Car Dealer Finance Crisis: Call for Leadership from Government

TUE, 25 NOV, 2008

As we have covered in some detail previously, many Australian new car dealers are facing their own credit crisis, with GE Money and GMAC Financial...

GE Money, GMAC Pulling Out Of Car Dealer Finance

FRI, 24 OCT, 2008

There are shockwaves belting through the Australian new car dealer sector today with the announcement that GMAC Finance and, announced just minute...

Kia Defies The Dowturn: Posts Increase In Global Sales

THU, 23 OCT, 2008

  With the trickle of 'doom and gloom' news items that are hitting our inboxes rapidly turning into a flood, it is refreshing to learn that n...