May 20, 2014
GLINTON: Defaults are down. Late payments are down. Repossession rates are at an all-time low. Zabritski says not only have consumers and the car companies been chastened by the economic collapse, but so have the banks. She says while more people are able to get credit, the banks are more careful about how and how much they're lending customers. maxidas ds708 T he festive season is upon us and a lot of you out there will be purchasing a new car for sure. For most Indians, buying a car is a dream that comes second only to the dream of owning a house. This dream has become real for many Indians with the arrival of easy financing for car purchase and availability of affordable cars across different segments.
Indian tyre makers have raised prices by 11-14 percent in the commercial vehicle radial segment and by 18-20 percent in the passenger car tyre segment in 2010 so far, JK Tyre director marketing A.S. Mehta said last month. maxidiag elite md802 all systems However, Tata Motors formal entry into the market comes at a time when a widening current account deficit, and weak external demand for Indonesias commodities have led to slowing growth. Recent weeks have seen the Indonesian currency depreciate dramatically. A fuel price hike in June, and spiking interest rates are also likely to depress the car market further.
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