Hyundai Motor India Limited, a car manufacturer, has entered into a memorandum of understanding (MOU) with UCO Bank Limited, a commercial bank, to provide convenient car loans for its entire range of vehicles. Both the companies are based in India. Join discussion...

Prospective car buyers are going to witness more than a double whammy - first the first price hike following excise changes in Union Budget, then the second hike in April for BS-IV complaint vehicles and now news of an imminent hike in loans for buying vehicles. Join discussion...

Should you rush to buy a car before the union budget is announced next Friday? That's what carmakers and car dealers are suggesting because they expect the finance minister to raise some taxes in the budget which will, in turn, raise car prices. Join discussion...

Maruti Suzuki India Ltd., Hyundai Motor Co. and TVS Motor Co. Monday posted higher vehicle sales for January as easier availability of loans, lower borrowing costs and launch of new models continued to fuel demand for new cars and motorcycles in India. Join discussion...

MUMBAI: Commercial banks are unlikely to raise their prime lending rates — offered to the best customers — or deposits rates at least till the end of March but large companies borrowing short-term money at sub-PLR rates may have to cough up more. Join discussion...

New Delhi: Iconic US motorcycle maker Harley -Davidson, which will launch 12 models in the Indian market from April, tied up with ICICI Bank for consumer financing of its products that are priced between Rs6.95 lakh and Rs34.95 lakh (ex-showroom New Delhi). Join discussion...

New Delhi, Dec 28 (PTI) Car maker Honda Siel Cars India today said it has entered into a memorandum of understanding with private lender Axis Bank for vehicle finance. Join discussion...

New Delhi, Dec 17 (PTI) Car Maker General Motors India today said it has entered into an agreement with the country's largest public sector lender State Bank of India for auto financing. Join discussion...

Tata Motors, on 10th December'09, has entered into an understanding with Vijaya Bank for financing its range of commercial and passenger vehicles to provide an added facility of finance to its customers. Join discussion...

New Delhi: As RBI has signalled an end of soft interest rate regime, the State Bank of India is considering to withdraw its special home and car loan schemes, carrying an interest rate of 8% for the first year of repayment period of loan. Join discussion...