Auto Loans Archives

Consumer Borrowing Rose Unexpectedly in January
By: manybanking.com Staff
By Martin Crutsinger AP Economics WriterWASHINGTON (AP) — U.S. consumer borrowing rose unexpectedly in January after three months of declines, but the small increase did not shake economists' views that borrowing will remain weak this year as mass layoffs persist amid the recession. Read more»
Are Green Cars Worth the Gas Savings?
By: manybanking.com Staff
By Richard Posluszny, TheStreetDrivers wary of high gas prices are choosing smaller, fuel-efficient vehicles. Last May, sales of Honda’s gas-sipping Civic (Stock Quote: HMC) sky-rocketed snatching first place from the perennial favorite, the Ford F150 pick-up truck (Stock Quote: F) in terms of U.S. sales. Read more»
GM February Sales: 'Stone Cold Flat'
By: manybanking.com Staff
By Ted Reed, TheStreet General Motors (Stock Quote: GM) said its February sales declined 52.9% and estimated that industry February sales were the worst since 1967. Read more»
By Bree Folwer AP Auto Writer As car buyers lose confidence, so do auto analysts. Consumer confidence is at all-time low. People are unable or unwilling to take on any additional payments. This has prompted auto analysts to slash their forecasts for sales of new cars and trucks this year, citing increasing uncertainty about whether the industry can rebound in the second half. Read more»
By Jay Reeves Associated Press Writer Alone in his mobile home off a winding dirt road, Jimmy Tanks heard a commotion at 2:30 a.m. just outside his bedroom window: Somebody was messing with his car. The 67-year-old railroad retiree grabbed a gun, walked out the back door and confronted not a thief but a repo man and two helpers trying to tow off the Chrysler Sebring. Shots were fired, and Tanks wound up dead, a bullet in his chest. Read more»
Hyundai Bets on Buybacks to Boost Sales
By: manybanking.com Staff
by Carl Winfield You may not be able to afford a new car right now, but Hyundai Motor Company is determined to get consumers into the showroom, even if they have to take a bath on the deal. Read more»
The 25 Strongest Auto Insurers
By: manybanking.com Staff
by Melissa Gannon, TheStreet.com The 25 most financially sound auto insurers have at least one thing in common: A dedication to conservative underwriting and investment practices that have positioned them well in the economic downturn. Read more»
Cramer: 6 Ways To Get The Best Deals On Wheels
By: manybanking.com Staff
By Jim CramerOne silver lining in a lousy economy is that, if you have the cash, getting a deal on a new car is easier than getting a mosquito bite at a Bill Gates speech. Read more»
Lease v. Buy: 3 Questions for Car Shoppers
By: manybanking.com Staff
By Brian O'ConnellThere’s a silver lining in every disaster, and that goes double for the 2009 new car market. The Big Three automakers say that their January sales numbers are the lowest ever recorded. So all three, plus automakers in Europe and Asia, are offering some great deals on cars. Read more»
Buy a New Car, Get Another Free?
By: manybanking.com Staff
By Carl WinfieldThese days, buy-one-get-one-free deals aren’t just for pizza anymore. Car dealers in Miami, Fla., and Medina, Ohio, are finding that they can move old models off the lot by doing the same thing. Read more»
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