Des prêts à taux réduit pour l’achat d’une voiture grâce à la Banque Centrale Européenne

Infographie : François Descheemaekere

Low-Interest Auto Loans, Thanks to the European Central Bank

[The New York Times]

As it moved boldly in recent months to avert a credit squeeze and a rash of bank failures, the European Central Bank might also have subsidized the market rollout of Volkswagen’s newest subcompact.

Volkswagen Financial Services, a unit of Europe’s largest carmaker, borrowed 2 billion euros ($2.6 billion) from the central bank at the end of February, one of numerous car company credit units to avail itself of the cheap, three-year loans. Volkswagen said it would, in turn, lend the money to customers to buy cars, including the new fuel-efficient Up. The industry infusion has been done without the fanfare — or testy debate — of Washington’s bailout of Detroit three years ago.
In fact, helping Europe’s hard-pressed auto industry move cars off dealers’ lots was probably not what Mario Draghi, the European Central Bank’s president, had in mind when the bank issued a total of more than 1 trillion euros worth of cheap three-year loans in December and February.
Lire : nytimes.com