autoevolution

Stories about: loan

Almost All the Reasons Why the Viral Big Boy Edition Car Payment Video Is Wrong
Almost All the Reasons Why the Viral Big Boy Edition Car Payment Video Is Wrong

4 Sep 2022, 20:58 UTC / Millions of people have seen the "Big Boy Edition" car payment video. It shows us exactly what is wrong with this world today, and we explain why

 
Lucid Financial Services Are Here to Allow you to Lease your Air
Lucid Financial Services Are Here to Allow you to Lease your Air

7 Jun 2022, 18:38 UTC / In the future, you will also be able to lease your Gravity thanks to the partnership Lucid has with the Bank of America for financial services

 
Lack of Money for EV Startups Means Legacy Automakers Are Occupying EV Space
Lack of Money for EV Startups Means Legacy Automakers Are Occupying EV Space

31 May 2022, 13:33 UTC / The opportunity window for new electric car companies to emerge is either closing or already shut down. The already established ones will have a hard time.

 
Things to Consider Before Getting a Car Loan Today, Tomorrow, or Anytime
Things to Consider Before Getting a Car Loan Today, Tomorrow, or Anytime

27 Mar 2022, 20:00 UTC / A vehicle is the most expensive thing that many people manage to own in their lives. Do not make it more expensive with a poor loan, so read this first

 
Renault Survived the Crisis in 2020 Only Thanks to a State Loan
Renault Survived the Crisis in 2020 Only Thanks to a State Loan

10 Feb 2022, 08:32 UTC / A severe cash crisis left Renault hanging in the balance. A state loan dubbed previously as a backup plan was actually a lifeline

 
McLaren "Has Urgent Need to Raise New Money by July 17th"
McLaren "Has Urgent Need to Raise New Money by July 17th"

24 Jun 2020, 11:59 UTC / If new capital isn't rained by July 17th, McLaren may be forced to file for bankruptcy. This would put a huge dent in Bruce McLaren's and Ron Dennis' legacies

 
Harley-Davidson Seeking $150 Million Loan, Calls It "Additional Liquidity"
Harley-Davidson Seeking $150 Million Loan, Calls It "Additional Liquidity"

15 Jun 2020, 19:47 UTC / You know business isn't going great at Harley-Davidson when the company is seeking $150 million in "additional liquidity"

 
Jaguar Land Rover Is Seeking the British Government's Help to Stay Afloat
Jaguar Land Rover Is Seeking the British Government's Help to Stay Afloat

25 May 2020, 18:02 UTC / When trouble hits, Jaguar Land Rover isn't shying away from asking more than a million pounds from the Department for Business, Energy, and Industrial Strategy

 
DOE May Open Its Funding Program to Auto Suppliers
DOE May Open Its Funding Program to Auto Suppliers

30 Jan 2014, 14:38 UTC / The Obama administration is considering reviving the $25 billion auto loan program by opening funding to auto suppliers, Energy Secretary Ernest Moniz said earlier this week, The Detroit News report...

 
DOE to Auction Off Fisker’s Loan Obligation
DOE to Auction Off Fisker’s Loan Obligation

20 Sep 2013, 10:32 UTC / The US Department of Energy has announced plans to auction off the remainder of Fisker’s loan debt of $168 million after the EV manufacturer has failed to attract a buyer since halting automob...

 
Carbon Motors Files for Bankruptcy
Carbon Motors Files for Bankruptcy

20 Jun 2013, 11:12 UTC / High-tech Police car manufacturer Carbon Motors is officially belly-up after filing for Chapter 7 liquidation in the US Bankruptcy Court in Indianapolis. With assets of just $18,976 and liabiliti...

 
Fiat Hunting $10 Billion Loan to Buy Chrysler
Fiat Hunting $10 Billion Loan to Buy Chrysler

31 May 2013, 08:01 UTC / Italian giant Fiat is reportedly looking to borrow up to $10 billion to buy the remaining stake of the Chrysler Ground and refinance the debt of both companies. According to The Detroit News, Fia...

 
Bets on Volkswagen AG Killed Broke Billionaire Adolf Merckle
Bets on Volkswagen AG Killed Broke Billionaire Adolf Merckle

21 Nov 2012, 14:06 UTC / Because his business empire was buried in debts, German billionaire Adolf Merckle decided to put an end to all the troubles by killing himself. Although he had an estimated fortune of $9.2 billio...

 
GM Delighted with Auto Industry Loan
GM Delighted with Auto Industry Loan

21 Nov 2012, 14:06 UTC / Following the White House administration’s announcement issued on Friday that US automakers will receive a $17.4 billion low-interest loan, General Motors Corporation is absolutely delighted w...

 
Ford Applauses White House Loan Agreement
Ford Applauses White House Loan Agreement

21 Nov 2012, 14:06 UTC / Even though it hasn’t received any money, American carmaker Ford welcomes the White House loan agreement and, just like General Motors, it explains that such a decision does nothing more than ...

 
UK Officials: Jaguar Must Get Government Money
UK Officials: Jaguar Must Get Government Money

21 Nov 2012, 14:06 UTC / Even though Tata Motors has already agreed to inject millions of dollars into its British brand Jaguar Land Rover, the UK-based company continues its race for government aid, with officials very clo...

 
GM, Chrysler Get First $4 Billion
GM, Chrysler Get First $4 Billion

21 Nov 2012, 14:06 UTC / General Motors and Chrysler received the first $4 billion in emergency loans from the United States government from a total of $17.4 billion the Bush administration approved before Christmas. The go...

 
Pininfarina to Build Electric Cars After Current Contracts Expire
Pininfarina to Build Electric Cars After Current Contracts Expire

21 Nov 2012, 14:06 UTC / The last of the mohicans could carry forward the fame of the breed but what is he going to do when its life is threatened?! If once the answer was fight until death but don't give up your di...

 
Chery May "Help" Chrysler Go Bankrupt
Chery May "Help" Chrysler Go Bankrupt

21 Nov 2012, 14:06 UTC / Chrysler's race for survival may bite the dust due to an unexpected obstacle: Chery Automobile, the Chinese partner of the American company, may “convince” the United States Senate ...

 
Saab Secures EUR25M Loan, Hopes to Restart Production Within 2 Weeks
Saab Secures EUR25M Loan, Hopes to Restart Production Within 2 Weeks

30 Jun 2011, 09:24 UTC / It looks like the first sunrays shine again on Saab’s street, as Swedish Automobile - the company who owns the Swedish auto brand - announced today it has entered into a EUR25 million converti...