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Wholesale funding costs rise for big banks

2016-01-18 20:18:48| Automakers - Topix.net

Commonwealth Bank of Australia last week sold five-year Australian dollar bonds at a yield of 115 basis points over the swap rate. The global credit market rout is undercutting the Reserve Bank of Australia's efforts to keep borrowing costs low in a bid to bolster the economy.

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Manheim Index Sees Most Stable Wholesale Price Stability in its History

2016-01-13 20:43:49| AutomotiveDigest.com - Automotive Industry News

Tom Webb Chief Economist Cox Automotive The Manheim Used Vehicle Value Index saw strong used vehicle values in the fourth quarter of 2015, marking the longest stretch of wholesale price stability since the Index started. On an average annual basis, the Index rose 1.2% in 2015, saw a 2014 increase of 1.5%, and a decline […] The Article Manheim Index Sees Most Stable Wholesale Price Stability in its History appeared first on Automotive Digest.

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Year Ends with Softening of Wholesale Used Vehicle Prices

2016-01-13 20:40:57| AutomotiveDigest.com - Automotive Industry News

Tom Kontos Executive VP & Chief Economist ADESA Analytical Services Softening of used wholesale prices caused by the growling supply was offset last year by strong demand for retail used vehicles and CPOs, moderate new vehicle incentives, and the embrace of upstream channels along with traditional auctions. Off-rental program vehicles surged in supply in the […] The Article Year Ends with Softening of Wholesale Used Vehicle Prices appeared first on Automotive Digest.

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The Cloud Of Wholesale Autos

2016-01-10 09:37:51| Auto Dealers - Topix.net

Lost amidst the celebrations about the new auto sales record achieved in 2015 was that sales in December were more than disappointing. There were an overwhelming number of articles on the subject, and nearly all of them identical in focusing almost exclusively on 2015 as a whole rather than how sales were at the end.

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BT Openreach publishes new wholesale prices

2016-01-04 09:43:00| Telecompaper Headlines

(Telecompaper) BT Openreach has published new prices for local loop unbundling and wholesale line rental (WLR) which come into effect on 1 April. The price changes were being made to comply with year 3 of Ofcom's fixed access market review charge control. The price of almost all services will come down, with the notable exception of WLR line transfer, which will rise to GBP 8.43 from GBP 6.28. WLR basic line rental will decline by 3.1 percent to GBP 86.72 a year. The Metallic Path Facility (MPF) price will be GBP 87.65 a year, essentially unchanged compared to GBP 87.48 at present. ISDN2 an ISDN30 prices will not change.

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