Bloomberg | Auto Finance News

Aston Martin is shopping for expensive junk

The maker of Aston Martin sports cars is considering raising cash from an expensive corner of the bond market. The hope must be that this is just one part of a more radical attempt to strengthen its finances — and not the last resort. Aston Martin Lagonda Global Holdings Plc is looking at issuing an unsecured […]

Millennials, not taxes, get blame for India’s falling auto sales

Millennials’ preference for ride-hailing services such as Uber and Ola over owning cars, and not high taxes, is among reasons behind India’s slumping vehicle sales. That’s the argument advanced by Finance Minister Nirmala Sitharaman Tuesday when she spoke about steps the government has been taking to revive demand and bolster economic growth from a six-year […]

Market’s Favorite Recession Indicator Lurches Lower in New Year

Traders return to their desks in the new year with a familiar warning signal flashing even more strongly than before — the Treasury yield curve got even flatter, feeding the market’s worst suspicions about the U.S. economy. Market watchers noted a dramatic compression in what is arguably the most reliable indicator of recession — the […]