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DOJ: Minorities May Have Been Unfairly Targeted With Deceptive Loans

DOJ: Minorities May Have Been Unfairly Targeted With Deceptive Loans

Following the Great Recession, credit dried up, dealing a brutal blow to the auto industry. Lenders tightened up so much that even people boasting fairly good credit scores were offered loans with sky-high interest rates or denied altogether. Half a dozen years down the road, credit restrictions... read more

April 2, 2015 by  -
 
Auto loan

GM Looking To Offer More Loans To More Customers

When General Motors sold off control of GMAC, it lost more than its in-house financing arm. It lost the ability to offer loans to a broad range of consumers, particularly... read more June 24, 2010 by  10


 
Alan Mulally

Ford Posts Strong Financial Data, First Profit Since 2005

The rumors were true: Ford Motor Company has just published financials from the third quarter of 2009, and without being overly optimistic, it's fair to say that the data is... read more November 2, 2009 by  0


 
Rashed A. J. Al Fahim, Andreas Ernst, Abdul Jabbar Gargash

Daimler Provides Sharia-Compliant Loans To Mid East Buyers

When Westerners think of Sharia -- the strict code of Islamic law -- we tend to think of...unpleasantness. Stonings, beheadings: that sort of thing. However, Sharia also... read more October 16, 2009 by  10


 
Capitol Hill

Legalwatch: Legislation To Oversee Auto Dealers In The Works

With the recent restructuring of Chrysler and General Motors, there's been a lot of focus on auto dealers -- particularly those who were axed from the two companies'... read more October 13, 2009 by  1


 
The iPhone app from Mercedes-Benz Financial

Need To Pay Your Car Note? Mercedes-Benz Has An App For That

The concept of making payments by mobile phone is not a new one. For years, articles and ads have heralded a bright, shiny future wherein we'll all be able to purchase soft... read more October 12, 2009 by  0


 
mustangdealership.jpg

New Cars Remain At Near-Record Affordability

Although cars remain at near record levels of affordability, new-car buyers turned to more expensive vehicles this past quarter. That's according to Comerica Bank's latest... read more August 17, 2009 by  0


 
2009 Tesla Roadster         Photo Credit: Rex Roy

Tesla Roadster Offers Financing Via Bank Of America

Say what you will about the shouting going on at Tesla these days, but there's no denying that the company's Tesla Roadster is a beaut. Only problem is, with its $100,000+... read more July 8, 2009 by  0


 
Car Dealer

Ford's Advantage Plan Covers Car Payments Up To 12 Months

While GM and Chrysler ask the Federal government for more money, Ford is offering to lend it to  buyers who purchase any one of their new products. Offering up to 12 months... read more March 31, 2009 by  2


 
Jeep Dealership

Chrysler Announces 'Employee Pricing Plus Plus' for Everyone

Well, it looks like the U.S. Treasury's generous $1.5 billion infusion (last Friday) into Chrysler Financial is trickling down to your local Pentastar dealer. Harking back to... read more January 22, 2009 by  0


 
m lamborghini reventon 2

13 Percent Drop In '09 Auto Sales, Industry Analysts Predict

The economists who get paid to predict have some pretty grim - yet not surprising - numerical projections for U.S. auto sales in 2009: negative 13 percent. J.D. Power and... read more January 13, 2009 by  0


 

 
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