Auto Loans Archives

German Auto Sales Soar
By: manybanking.com Staff
By Geir MoulsonBERLIN (AP) — Auto sales in Germany soared last month to their highest level since 1992 thanks to a powerful boost from a new car-scrapping bonus, an industry group said Thursday. However, exports fell by a quarter. Read more»
Ford, GM Tout Jobless Payment Plans
By: manybanking.com Staff
By Kimberly S. Johnson -- AP Auto WriterDETROIT (AP) — Ford Motor Co. and General Motors Corp. are offering payment protection plans to help reassure consumers who may be putting off buying a new car because of worries about losing their job.The offers come as auto sales have been battered by the recession and tight credit, reaching their lowest levels in 27 years. Read more»
Jaguar, Buick Dethrone Lexus in Reliability Study
By: manybanking.com Staff
By Dan StrumpfNEW YORK (AP) — Jaguar and Buick surged to the top of J.D. Power and Associates' closely watched vehicle dependability study this year, tying for the No. 1 spot and dethroning Lexus for the first time since the Japanese luxury brand has been a part of the survey. Read more»
Lease or Buy: Crunching Car Numbers
By: manybanking.com Staff
By Jeff BrownMaybe you’re tempted by the big incentives out there. Maybe your old ride is on its last legs. Whatever the motivation is, if you’re thinking about buying a new car, you’ve probably considered this question: should you buy or lease your next vehicle? Read more»
Don’t Bother With Car Loan Refinance
By: manybanking.com Staff
By sbup Staff With mortgage rates at historic lows, consumers have refinancing fever. But not all loans need to be refinanced: Refinancing a mortgage may save homeowners thousands of dollars, but it almost never makes sense to refinance a car loan. Read more»
Will Gas Prices Stay Put for Long?
By: manybanking.com Staff
By Chris KahnNEW YORK (AP) — Each year around this time gas prices begin to rise and continue to do so well into summer, but this is not your typical year. Read more»
By Dan StrumpfNEW YORK (AP) — With auto sales in free fall as consumers put the brakes on big purchases, General Motors Corp. and Chrysler LLC want a total of $39 billion in U.S. government loans to keep them operating. But it's not just Detroit asking for help. Read more»
Auto Delinquency Cases Rise Nearly 9 Percent in 4Q
By: manybanking.com Staff
NEW YORK (AP) — The percentage of auto loans past due 60 days or more rose 8.9 percent in the fourth quarter of 2008, compared with the prior-year period, according to credit reporting agency TransUnion. And the numbers point to auto delinquencies shooting to their highest point in a decade by the end of the year. Read more»
Auto Task Force: Not Looking to Bankruptcy
By: manybanking.com Staff
By Ted Reed, TheStreet.comPresident Barack Obama's automotive task force is focused on solving the industry's problems outside of bankruptcy and will likely continue to provide funding long after a pending March 31 deadline, the group's lead adviser told the Detroit Free Press. Read more»
Desperate Automakers' Incentives Lower Prices
By: manybanking.com Staff
By sbup Staff Read more»
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