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Auto Net Financial News

More credit available for auto purchases

February 28, 2011 by AutoNet

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Banks and other lending institutions have opened their arms to potential car buyers in recent months, according to The New York Times. Continue reading


New vehicle sales expected to rise in February

February 28, 2011 by AutoNet

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The auto industry is expected to achieve a major boost in 2011, as many reports indicate an increase in sales this year. Continue reading


GM earned $4.7 billion in 2010

February 27, 2011 by AutoNet

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After nearly falling apart a couple years ago as a result of overwhelming debt, General Motors recently announced it made a $4.7 billion profit last year. Their 2010 profit figures are the most the company has earned in more than a decade. Continue reading


Iowa lawmakers look to regulate used car sales

February 26, 2011 by AutoNet

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Legislators in Iowa are working on a new measure that would provide improved regulations on curb-side used car sales. Continue reading


Toyota recalls 2 million vehicles because of floor mat concerns

February 25, 2011 by AutoNet

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Toyota recently announced it will recall more than 2 million vehicles in the United States because of a structural issue that may cause gas pedals to get stuck in floor mats in certain models. Continue reading


Car buyers looking for value-packed vehicles

February 24, 2011 by AutoNet

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Recent reports indicate 2011 will be a growth year for the U.S. auto industry, with many consumers regaining confidence in their finances again and willing to spend on a used or new car. Continue reading


Electric vehicles struggling to replace traditional cars

February 24, 2011 by AutoNet

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President Barack Obama is one of many American leaders who continue to advocate the need for eco-friendly vehicles that will allow the United States to decrease its dependence on foreign oil. Continue reading


Car owners choosing to keep vehicles longer

February 23, 2011 by AutoNet

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Although the National Automobile Dealers Association says trade-in values are expected to rise in 2011, recent testimonials indicate many car owners are opting to keep their current vehicles. Continue reading


Market favors new-car buyers

February 23, 2011 by AutoNet

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Individuals in the market for a new car are benefiting from affordable prices and higher trade-in values, according to a recent report from Cars.com. Continue reading


Lenders loosen restrictions on subprime borrowers

February 22, 2011 by AutoNet

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Economic conditions throughout the U.S. have been steadily improving for the last few months, which has led many lenders to loosen their requirements to borrowers with less than stellar credit. Continue reading


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