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The article discusses the accomplishments of U.S. federal and state regulators in their regulation of automotive finance transactions, including consumer leases, direct loans and motor vehicle retail installment sale transactions. Other topics include the settlement agreed by Santander Consumer USA Inc. with Delaware and Massachusetts over its predatory lending cases, and the enforcement action by the Federal Trade Commission (FTC) against Liberty Chevrolet, Inc, doing business as Bronx Honda.

The article discusses German case law related to the profit from the sale of a vehicle that belongs to business assets but is partly used privately as per section 4 and 5 of Einkommensteuergesetz (EStG), German Income Tax Act. It mentions depreciation used as a result of the taxation of the withdrawal of use partially neutralized from an economic perspective. It also mentions profit-reducing correction of the capital gain in the amount of the depreciation attributable to private use.

In this paper, we investigate the factors that affect multi-segments automobile sales in Greece. Various relevant quantitative techniques have been employed, such as stationarity, causality and cointegration. A Vector Autoregressive (VAR) model was also developed and long-term impacts of the different variables of interest on car sales have been estimated through generalized impulse response functions (GIRF). The impact of the current financial crisis on the Greek automobile market was also taken into account. The results show that fuel prices Granger cause total car sales. The results also indicate the absence of long run cointegrating relationships among the variables. The full blown model shows that demand for new automobiles depends on the existing social, financial and political conditions of the local economy and that the various shocks observed have a temporary medium-run character on car sales, whereas the system is found to be stable. [ABSTRACT FROM AUTHOR]