Soviet Union redux, anew.
LOL. Sounds like “da bank” has invested in EVs. I guess this is one way to sell that crap.
Coming to America? Will we see fewer buying gasoline powered cars because they can’t get loans for such vehicles????
California is set to ban new gasoline powered cars by 2035. No word though, on how the power grid will be equipped to handle recharging of tens of millions of vehicles overnight.
If this sort of thing becomes the norm, it will KILL the auto industry.
There are many other choices for loans, hopefully this company will be out of business soon enough.
Can a bank write loans if all depositors pull their funds from the bank? Asking for a friend.
Starting in 2025 so stop doing business with that bank now
In the US, have a black guy get denied for a car loan on that basis. The banks won’t survive too much of that undee present regulations.
It’s getting closer than you think:
“And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” -Revelation 13:17
Here’s my understanding of how buying a car on credit works. The dealership has some financing means that they negotiated. You can bet that a dealership that sells gasoline cars will find someone to underwrite the financing.
Insanity
Does that bank have enough other business, so it won’t hurt them to lose the car loan business?
Or do the directors and management of that bank, just like making a political statement? We do seem to be evolving towards the electric car being a status symbol, making a statement etc.
ESG/DEI = two sides of thew same coin
The CEO of the bank is looking a lil' chubby - I think he shouldn't get medical help until he loses weight.
When Klaus Scwab orders countries to stop using Cash and use “Klaus Cyber Bucks” we’ll all be screwed
What the hell happened to OZ?
If it was a US bank I would get their credit card and make a one dollar charge every other month so they have to mail me a bill every month. Figure they get 3% surcharge on charges so 18 cents per year and have to pay about $12 in printing, postage and handling.
I won’t be around when ALL of these batteries need to be disposed of DAMN I really want to see just what they will do then!! We already are having problems disposing of these NEW light bulbs most are just ending up in the trash!!