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Auto Net Financial News

Geithner says government will exit from GM, Chrysler

April 29, 2011 by AutoNet

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Government’s involvement in two major U.S. auto manufacturer’s dealings may soon come to an end, Treasury Secretary Timothy Geithner recently said. Continue reading


Protecting against odometer tampering

April 29, 2011 by AutoNet

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Prospective car buyers looking to secure a used car loan for a previously owned vehicle should make sure they are purchasing units from reputable sources, as a new report indicates odometer tampering continues to wreak havoc on the market. Continue reading


Report expects new car sales to fall 6 percent in April

April 28, 2011 by AutoNet

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Edmunds.com’s latest car sales report expects new cars sales to fall in April, a projection shared by many other auto industry analysts. Continue reading


Initial costs limit alternative-powered vehicle sales

April 28, 2011 by AutoNet

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Despite rising U.S. fuel prices, sales for electric and hybrid vehicles will be held back because unit costs and functionality, J.D. Power and Associates reports. Continue reading


2011 auto sales expectations fall

April 27, 2011 by AutoNet

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As Ford recently announced its highest first-quarter profits in more than 13 years, some experts said the rest of 2011 may not be as promising. Continue reading


Report predicts drop off in April vehicle sales

April 27, 2011 by AutoNet

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Although U.S. auto sales have seen major growth during the past 12 months, a new report assessing April’s totals shows the pace may be slowing. Continue reading


Volt and Leaf receive Top Safety Pick award

April 27, 2011 by AutoNet

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Consumers who may be having trouble debating whether to secure a car loan for the Chevrolet Volt or the Nissan Leaf may rest easily knowing both earned top marks in recent crash testing. Continue reading


Ford’s Q1 profits best in 13 years

April 26, 2011 by AutoNet

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A focus on fuel-efficient vehicles and a surge in its domestic sales has led Ford Motor to its best first-quarter profit since 1998. Continue reading


Economist provides optimistic outlook for U.S. auto industry

April 26, 2011 by AutoNet

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The auto industry flourished from 2000 to 2006, averaging more than 16 million car and light truck sales annually during the stretch, according to Fortune. Continue reading


Auto-part leader achieves major profits during Q2

April 25, 2011 by AutoNet

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Johnson Controls, the largest manufacturer of automotive batteries, recently reported a 29 percent surge in its second quarter earnings. Continue reading


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