Consumers who in a different economic climate might have been looking for auto financing to help buy a three- or four-year-old car may instead be looking for loans to cover the cost of a brand new vehicle, a new report suggests. Continue reading
Consumers who in a different economic climate might have been looking for auto financing to help buy a three- or four-year-old car may instead be looking for loans to cover the cost of a brand new vehicle, a new report suggests. Continue reading
On February 1, Chrysler Group LLC announced that January auto sales exceeded analysts’ expectations, while Ford Motor Company acknowledged its sales had not lived up to predictions. Continue reading
As the nation’s damaged economy slogs through a prolonged recovery, consumers are struggling to pay off their auto loans, mortgages and credit card debts. Continue reading
The Wall Street Journal reports that auto loan companies could be looking for “good credit risks,” or people who have fallen behind on their mortgage who they believe will pay back their debits. Continue reading
For an average family, it will take 24.2 weeks of median family income in the quarter of this year to purchase and finance a car, according to Comerica Bank. Continue reading
For an average family, it will take 24.2 weeks of median family income in the quarter of this year to purchase and finance a car, according to Comerica Bank. Continue reading
A report from FreeScore.com said that auto financing rates can increase when credit scores decrease. Getting a credit card balance increased by $2,000 or more can lower some one’s credit score by more than 60 points, the report by the websites said. Continue reading
A recent report from General Motors announced the company witnessed a 20 percent rise in sales during the month of September, when compared year-over-year figures. Continue reading
Volkswagen brass think the company should get its first year of profitability in the United States since 2003, according to the Detroit Free Press. Continue reading
The tentative labor agreement between General Motors and United Auto Workers may add or keep a significant amount of auto manufacturing jobs nationwide, according to the Detroit Free Press. Continue reading
