| First Investors Issues Notes |
Jan 28th, 2013 |
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 First Investors Financial Services, Inc. announced that it has completed the issuance of $187 million in term asset-backed notes in a private placement transaction.
The notes were issued by a wholly owned subsidiary of the company through the First Investors Auto Owner Trust 2013-1. The notes consist of five sequential pay classes that carry a weighted average coupon rate at issuance of 1.03 percent. Initial credit enhancement consists of a cash reserve account equal to 1.5 percent of the outstanding principal balance of the initial receivables pool and an initial overcollateralization of 0 percent, which will increase to a target of 2.5 percent through cash collections.
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| Creditor Teams with Lending Tree |
Jan 28th, 2013 |
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 Automobile Consumer Services Inc. (ACS), a provider of direct-to-consumer financing and leasing services, entered into a joint agreement with LendingTree Autos and CreditSmarts.com to offer competitive financing options for consumers of LendingTree Autos and to dealers of the CreditSmarts.com lending platform.
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| Small-Business Owner Optimism Rose in January |
Jan 28th, 2013 |
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 More than half of U.S. small-business owners say healthcare costs and taxes on small businesses are hurting their operating environment "a lot," making these the top two concerns among eight issues tested in a January Wells Fargo/Gallup Small Business survey.
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| 2013 Subaru BRZ long-term review: Our January overview of the newest Autoweek long-termer |
Jan 28th, 2013 |
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Arguably one of the most important car launches of 2013, the debut of the
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| Ford, Nissan, and Daimler Join Forces to Develop Affordable Fuel-Cell Cars by 2017 |
Jan 28th, 2013 |
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We’ve been hearing for ages how hydrogen fuel cell-powered cars are the future of motoring, but three companies are doubling down on the technology. We hear that Ford, Nissan, and Daimler recently joined forces to put an affordable fuel cell car on sale by 2017, one of the boldest goals yet in the march towards [...]
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| Kia’s GTI Hot Hatch Competitor Revealed Before Geneva Debut |
Jan 28th, 2013 |
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The recently revealed Kia Pro_cee’d GT could be just the car to catapult the U.S.-spec Forte compact from also-ran to a car that enthusiasts won’t mind recommending. Coming to the 2013 Geneva Motor Show, the new two-door Kia Pro_Cee’d GT and four-door Cee’d GT hatchback will have a 201-hp turbocharged 1.6-liter I-4 engine with a [...]
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| Video Find: Volkswagen Beetle Turbo Highlighted in “Get Happy” Super Bowl Ad |
Jan 28th, 2013 |
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Volkswagen previously teased its Super Bowl commercial with Jimmy Cliff singing, “C’mon, Get Happy,” and now the automaker has released the full commercial that is, unsurprisingly, called “Get Happy.” The clip, which will air this Sunday during the second quarter of the Super Bowl, features an unexpectedly jovial office worker from Minnesota. Despite grim conditions [...]
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| Toyota once again worlds top car seller |
Jan 28th, 2013 |
Toyota on Monday said its tally for global vehicle sales in 2012 soared 22.6 per cent to 9.75 million vehicles.Toyota has dethroned General Motors (GM), which achieved 9.29 million sales.GM had been ...
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| Toyota reclaims global auto sales crown |
Jan 28th, 2013 |
Toyota officially recaptured the title of world's largest automaker Monday, as its final 2012 sales total topped General Motors, which held the lead in ...
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| Toyota Returns to No. 1 in Global Auto Sales |
Jan 28th, 2013 |
TOKYO - Toyota Motor sold a record 9.75 million vehicles last year, according to an official tally released Monday, roaring past General Motors and Volkswagen to reclaim its title as the world's top ...
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