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Mercedes-Benz Found Guilty in Dieselgate Scandal
By Óscar Goytia - Wed, 04/03/2024 - 17:29
Mercedes-Benz is found guilty in the Dieselgate scandal, while Mexico's export surges in Q1. This the #WeekInAutomotive.
https://mexicobusiness.news/tag/financing
More Automotive
FAW Introduces Bestune and JIM to Mexican Market
By Óscar Goytia - Tue, 03/19/2024 - 15:44
FAW has introduced luxury brands Bestune and JIM to the Mexican market
How Is the Financing of New Vehicles Going in Mexico?
By Guillermo Rosales - Thu, 09/22/2022 - 15:00
Despite the stagnation in the new vehicle market, financing is up.
That’s a positive signal for recovery, writes Guillermo Rosales.
Mazda, Santander Introduce Loan for First-Time Car Buyers
By Rodrigo Andrade - Tue, 08/16/2022 - 11:14
Mazda and Santander launched a loan for those between 18 and 25 years of age to finance their first car.
Vehicle Financing Remains Far from Pre-Pandemic Levels: AMDA
By Antonio Gozain - Tue, 02/01/2022 - 14:34
From the total units sold in 2021, 58.1 percent were purchased through financing, either from a bank or directly with OEMs’ financial institutions.
Specialization, Reliability, Quick-Response Are Keys for Success
By Alejandro Enríquez - Fri, 07/31/2020 - 12:00
BBVA explains how it has embraced digitalization strategies to support dealerships and end-consumers to get credit approvals faster.
Vehicle Financing Stumbles 0.3 Percent in February
By Alejandro Enríquez - Wed, 04/08/2020 - 13:28
Financing decreased 3.4 percent for new units but it increased 24.1 percent for used vehicles.
The Week in Automotive: Riding the Coronavirus High
By Alejandro Enríquez - Fri, 01/31/2020 - 12:00
The situation in China will likely hit sales and production in 1Q20. Hyundai, BMW and Jaguar-Land Rover have announced preventive measures
The Birth of an Importer-Distributor-Manufacturer Hybrid
By - Fri, 09/01/2017 - 16:54
Grupo Picacho originally began as a Ford distributor and eventually added Lincoln, Land Rover, Jaguar, Mazda and FAW Trucks to its portfolio.
Domestic Market a Mixed Bag of Success
By - Fri, 09/01/2017 - 16:47
They say all good things must come to an end and Mexico seems to be reaching its saturation point in terms of sales.