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Auto Net Financial News

Subprime auto loans on the rise again

April 12, 2012 by AutoNet

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After petering out during the recent economic crisis, subprime auto lenders are once again on the rise, The New York Times reported. Continue reading


Hyundai breaks all-time monthly sales record

April 5, 2012 by AutoNet

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With total sales up 13 percent and retail sales up 33 percent, Hyundai dealerships seemed to have a pretty good overall March. Continue reading


Subprime auto loans more common as lenders compete

February 17, 2012 by AutoNet

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Some good news for car buyers with credit problems: Subprime auto loans are becoming more prevalent and less expensive as competition among lenders picks up. Continue reading


Auto dealers unveil their top picks

February 2, 2012 by AutoNet

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Most people probably already know what their favorite car is, but what about their car dealer? Continue reading


Auto lenders may look to give loans to ‘good credit risks’

January 10, 2012 by AutoNet

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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


Auto dealers see new strength from subprime buyers

December 21, 2011 by AutoNet

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Phil LeBeau of CNBC said he’s hearing from car dealerships that there is a renewed strength in those who use a subprime and deep subprime auto loan to buy a vehicle. Continue reading


Mitsubishi experiences 17 percent sales jump

October 18, 2011 by AutoNet

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A recent report from Mitsubishi Motors North America showed the company increased sales for the 13th straight month, as the automaker had a 17 percent sales rise in September, when compared to the same month in 2010. Continue reading


September vehicle sales increase

September 23, 2011 by AutoNet

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New-vehicle sales for the month of September are projected to increase significantly, which may be further sign that the stock market is improving, according to a report from J.D. Power and Associates. Continue reading


Detroit Three may give up wage increase

September 13, 2011 by AutoNet

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The new labor contract being haggled by General Motors, GM and Chrysler with their union, United Auto Workers, may include entry-level wages, according to the Detroit Free Press. Continue reading


Report: EV manufacturers overshooting realistic goals

September 13, 2011 by AutoNet

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A recent release from The Bedford Report found that due to the high price of electric vehicles, these items will continue to lag behind. Continue reading


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