September Car Sales? A Real Drag!

September car sales reports will be trickling in over the next few days and the news isn’t likely to be pretty especially for America’s automakers ... again, furthering its year long slide. Every automaker will suffer though it may not seem as bad ... thanks to a credit market that went into a tailspin a few weeks back. Through August 2008, year [more...]

Date: 2008-10-01 07:08:07

Blog posts (21) | Videos (53)
 

A tough road ahead

Over the fold is my piece from today’s Australian Financial Review on the task facing Obama ... to emerge, and here the news is almost uniformly bad. Car sales have crashed, business investment ... into extending at least some credit to each other, and to the finance markets on which the ordinary [more...]

Date: 2008-11-05 20:42:00

Steve Parker: Precipitous fifteen-year drop in US car sales; Need one? You probably can't get one

They say "start out bad news with a joke," so: In Peter Gent's "North Dallas Forty," ... , you know there's no easy credit. US new car and truck sales plummeted to 965,160 last month, down ... . The last month when car and light truck sales were below one million was February of 1993. General [more...]

Date: 2008-10-02 10:12:35

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

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 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

Ford's Misleading Ads and Sales

I have been car shopping. I know what I can afford, and since my credit is not the best due to a bad relationship that I finally managed to get out ... dealers have different prices & they all tell you, "This is the lowest we can do. It is employee ... it is all a ploy. No wonder carsalesman seems to be a bad word. Why would 1 dealer give me 8500 [more...]

Date: 2008-12-07 17:00:00

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

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 sales drop, government help forever?

Business: I think we all saw this coming down the road ... half of 2009 because of a continued lack of available credit for prospective car buyers and a profound lack of confidence in an overall economic recovery. “The first quarter is going to be bad no matter [more...]

Date: 2009-01-06 06:18:09

Media Digest 12/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Newspaper According to Reuters, car company executives went before Congress and pleaded for billions of dollars ... the November retail sales were as bad as feared. The Wall Street Journal reports that Credit Suisse revealed ... its forecasts. The Wall Street Journal writes that the car companies are taking their case to the web [more...]

Date: 2008-12-05 08:47:57

Consumer confidence falls to record low

The Conference Board reported a record low in consumer confidence in the U.S. going all the way back to 1967 when record-keeping began ... percent. In bad news for retail sales, only 4.4 percent of the sample say they expect to buy a car ... . Falling home equity, plunging stock markets, and a credit crisis, the likes of which few [more...]

Date: 2008-10-28 15:34:00

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

Housing in O.C. beach towns slumps, sales off 28%

Analysis of MDA DataQuick’s November report shows the county’s beach-close communities are clearly being challenged by a credit crunch and a ... rents? 30-year mortgage at 37-year low CA banks drop protection against bad loans Mortgage aid scheme a failure Bad house, car debts mount in O.C. [more...]

Date: 2008-12-22 08:24:51

Reality-Defying Futurama Flying Car For Sale On Amazon For A Mere $50,000! [Novelties]

Good news everyone! A recently-launched merchant on Amazon — named Jetson — is offering the "Futurama Flying Car" for the bargain price of only $50, ... up for the Amazon Visa credit card after we added it to our cart - talk about a deal! Hold on, our Nigerian ... .. No more bloody traffic! I cant say a bad thing about it.. It also is compatible with my [more...]

Date: 2008-10-10 20:00:00

Toyota: Credit Not Responsible For Current Sales Slump, But Please Hurry Up And Fix! [Toyota Sales]

Jim Lentz, Toyota's US sales chief, told the Detroit News yesterday that consumer financing isn't their challenge right now; rather, ... are postponing car purchases. Dealers across the country are singing a similar tune, saying that well-qualified buyers can still get financing, but continuing bad economic news is keeping buyers [more...]

Date: 2008-10-10 14:00:00

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

Reconsider That For Sale Sign On Your SUV

This Thanksgiving holiday gave most of us something else to be thankful for - lower gas prices ... of an accident, as are many new brand new cars when compared to an older model. Bad Time for Financing ... . It may also be difficult to find any financing if your credit score is not top-notch due [more...]

Date: 2008-11-30 18:08:38

The Credit Rebuilding Car Sales Scam

Keywords: car care products, car wax With the rise in bankruptcies, repossessions, and general bad credit in the United States it has given birth to a whole new segment of the car ... automotive dealership now has a bad credit department. They have developed special sales techniques [more...]

Date: 2008-06-17 09:09:24

Kirk Kerkorian May Lose $670 Million On Ford Gamble [He Must Be Super Lucky At Love]

We wondered if Kirk Kerkorian wasn't just a little mad when he bought a 5 ... of this year at an estimated cost of approximately $1 billion. This was when sales were bad. Now car sales ... for the credit to invest in Ford. This makes us wonder if betting on Ford wasn't more like Russian [more...]

Date: 2008-10-21 19:30:00

Sales are down, but not hideous

I know this was intended to be another doom-and-gloom story, but a drop of 2% to 4% from last year (excluding car and gas sales) ... sales paid for by credit card, checks and cash — retail sales fell between 5.5 percent and 8 percent ... doesn't sounds that bad. Am I missing something? What I'm also wondering is, with so many things [more...]

Date: 2008-12-26 21:45:00

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