Auto Loans Archives

GM: Parts of Chrysler Deal Could Help GM
By: manybanking.com Staff
By Ken Thomas WASHINGTON (AP) — General Motors CEO Fritz Henderson says some elements of a labor agreement between the United Auto Workers and Chrysler could benefit GM as it tries to stave off bankruptcy. Read more»
Can You Renegotiate Your Auto Loan?
By: manybanking.com Staff
By manybanking.com Staff With all of the talk of mortgage loan modifications, you may be wondering if you can modify an existing car loan. If you are having trouble paying your monthly car note or you find yourself drowning in an underwater car loan, renegotiating probably sounds like a good idea. Read more»
Chrysler Files for Chapter 11 Bankruptcy
By: manybanking.com Staff
By Stephen Manning WASHINGTON (AP) — Chrysler filed for bankruptcy protection Thursday and announced it will temporarily halt most of its vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes. Read more»
GM Unveils Debt-For-Stock Swap Plan
By: manybanking.com Staff
By Stephen Bernard -- AP Business WriterGeneral Motors Corp. on Monday unveiled a plan to swap its debt for common stock — a move that could potentially help the storied U.S. automaker stave off a bankruptcy filing by significantly alleviating its debt burden. Read more»
By Kimberly S. Johnson -- AP Auto Writers DETROIT (AP) — General Motors Corp. could be majority owned by the federal government and the United Auto Workers under a massive restructuring plan laid out Monday that will cut 21,000 U.S. factory jobs by next year and phase out the storied Pontiac brand. Read more»
GM Gets Additional $2B in Relief Funds
By: manybanking.com Staff
WASHINGTON (AP) — Taxpayers invested another $2 billion in General Motors Corp. this week as the struggling auto giant continued efforts to restructure and avoid bankruptcy court. Read more»
Ford to Boost Production
By: manybanking.com Staff
By Ted ReedConfident Ford (Stock Quote: F)plans a slight boost in its production rate, a positive sign in a questionable economy. Read more»
Is Buying a Hybrid Car Still Worth It?
By: manybanking.com Staff
By manybanking.com StaffWhen gas prices were over $4 a gallon in the middle of 2008, hybrid cars like the esteemed Toyota Prius (Stock Quote: TM) were hard to come by at dealerships due to huge demand. Read more»
With Car Values Down, Should You Trade In?
By: manybanking.com Staff
By manybanking.com StaffIf you’re in the market for a new or used car, deciding what to do with the car you are currently driving is harder than ever. Read more»
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