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The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, ...
Auto loan delinquencies just hit a 15-year high. Consumers are skipping car payments, signaling deeper financial stress.
Aftab Automobiles and Navana CNG — have defaulted on nearly Tk100 crore loans from Janata Bank, prompting legal action by the state-owned lender. Navana Batteries Ltd, a subsidiary of Aftab ...
A new federal law has cracked open the door for car buyers to deduct interest on auto loans for the first time in decades, ...
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
Starting this year, taxpayers can deduct up to $10,000 of interest annually on loans for new vehicles assembled in the U.S.
At a 9.3% interest rate, an average new vehicle buyer could save about $2,200 on taxes over four years, Smoke said. The tax savings would be less on a loan at 6.5%, which is the rate figured into ...
Shopping for a new car is exciting, but taking out a loan to pay for it can be overwhelming in the long run if you're not prepared. Auto loan terms, interest rates, and lender practices change ...