Tag Archives: auto

Weekly wrap: Bajaj Auto rejigs top deck; JSW Energy mysteriously exits electric vehicle business

Perhaps the most surprising development in the automobile space came towards the end of the week. A renowned name in power generation who as late as November 2018 reaffirmed plans of an electric vehicle foray suddenly backed out. This weekly wrap talks in detail about this sudden exit in addition to all the important development during the week.… Read More »

Big auto lender only checked 8% of applicants’ incomes

It’s a record high, and there are growing concerns that many people who obtained their car loans really can’t afford them. Alarm bells are ringing because one of the largest subprime auto lenders in the nation — Santander Consumer USA — only checked the incomes of 8% of its applicants, according to a new report from Moody’s Investors… Read More »