Chrysler - One Down. Two To Go.
Is this the harbinger of the Big Two?Chrysler announced on Wednesday that it will close all 30 of its auto manufacturing plants for at least a month ... to a third week.~ ~ ~Auto sales have been bludgeoned by tight credit and the struggling economy ... 2007. Chrysler's situation was especially bad: its sales dropped a whopping 47%.Chrysler's financing arm, [more...]
Date: 2008-12-18 05:14:00
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Car Incentives Are Back
It is no secret that American auto manufacturers are facing declining sales ... financing for new cars especially for those who have a credit score of 700 or better. Those with bad ... over. Recent additions: No Credit Auto Loans Is Now the Best Time To Buy A New Car? Examining [more...]
Date: 2008-07-30 20:07:10
Car Sales Crash
Analysts had already predicted that the credit crisis would take a bite out of auto loans -- and therefore, auto sales. On Wednesday, we learned just how bad things are. [more...]
Date: 2008-10-02 20:32:34
5 Ways to Save Money on Your Next Vehicle Loan
by Ada Denis Don’t get stuck with a bad car deal. Here are five ways to walk away from an auto dealership and save money on the vehicle loan. 1 ... . 2. Be Flexible Timing a vehicle purchase is everything. Several auto dealerships establish monthly sales goal ... an application with your personal bank, credit union, finance company, or online auto loan [more...]
Date: 2008-12-18 09:05:34
This sounds less bad
I doubt anyone can know how much it might help, but the desperation apparent in this move should be obvious. From Bloomberg: The U.S ... it improves auto sales much. Maybe people pay off some credit cards and take some classes ... up the consumer-finance market, using money from the government’s $700 billion rescue, two people familiar [more...]
Date: 2008-11-25 05:46:00
Bad auto daze
“If you adjust for population growth, this is probably the worst industry sales month in the post-WWII era ... capacity – and even more expensive labor (the average unionized auto worker makes almost $55,000 ... an unprecedented credit crunch that is dramatically impacting the entire U.S. economy – from the housing [more...]
Date: 2008-11-06 15:22:21
GM, Ford and Chrysler say sayonara, Tokyo
There were some notable absences at this year's Detroit auto show, including Nissan, Suzuki and Ferrari ... : A model poses with a Toyota concept car at the 40th Tokyo Motor Show in October 2007. Credit ... . It's the latest sign that a bad economy and crashing sales are disrupting the industry [more...]
Date: 2009-01-15 02:39:09
Car Loans Tag Cloud
tn auto loan bush shoe dodge car credit center automotive zero percent financing camargo chevrolet cars sale ms nissan honda brasil www ... jacksonville toyota mexico amarillo texas used trucks bad kingston nashville south st mo mi longview tx loans after sales mn port lots ny n disability automax fort autos down washington new bridge martin [more...]
Date: 2009-01-04 08:33:01
Why Detroit’s Woes Are Bad for Toyota
Nothing so cheers the soul of a hardened businessman as the sight of a competitor on his knees ... Congress for $34 billion in loans and lines of credit would be cause to break out the sake in Japanese ... from it. They are suffering mightily from the same massive decline in auto sales that is killing Detroit [more...]
Date: 2008-12-06 08:46:25
Honda, GS Yuasa to Build Batteries for Hybrid Vehicles
Despite a looming crisis in the auto sector, Japan’s Honda Motor is pushing ahead with plans for the next generation of cars, ... a sharp sales downturn amid the global credit crunch. The company now expects ¥185 billion in earnings ... . Norwegian electric car maker Think also announced some bad news this week, halting production and saying [more...]
Date: 2008-12-17 23:00:13
A December to Forget for the Auto Industry
You've seen the commercials: Mr ... it an ideal time to buy are new car for a shopper who has a stable job and good credit." The gift-themed ... of all the bad commercials. Despite what anyone on your "nice" list might tell you, December sales don't [more...]
Date: 2008-12-18 22:40:53
Next Year’s Headlines Today, Part XI
Another bad month for the auto industry: DETROIT — Vehicle sales in the United States tumbled to multi-decade lows in October as tightened credit ... estimates of a really bad year for Detroit might just come true. Similar Posts:The Credit Crisis Hits ... its sales were 23 percent lower, despite offering no-interest financing and large discounts on many [more...]
Date: 2008-11-03 21:34:46
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