Monthly Archives: May 2011

Bad credit car loans on the rise

A recent report outlined new trends in the auto loan industry, revealing more consumers with poor credit histories are receiving financing. Continue reading

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Japanese carmakers may be rebounding

A recent report by Edmunds.com projected auto sales for the month of May to be close to 1.1 million units, a 0.4 percent drop from one year ago, and 5.1 percent lower than last month. Continue reading

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Government to promote fuel efficiency

A new program by the Environmental Protection Agency and the U.S. Department of Transportation will require all vehicles to have fuel efficiency reports in auto park showrooms beginning next year. Continue reading

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Panel finds Toyota has outstanding issues

An outside panel created by Toyota Motor Corp. president Akio Toyoda recently revealed in a report that the company has a series of problems that are hurting its bottom line. Continue reading

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U.S. government to purchase 101 Volts

The U.S. government recently announced its intent to purchase 101 Chevrolet Volts in order to increase the amount of government vehicles that work off of alternative energy. Continue reading

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Compact cars gaining popularity

Consumers are choosing smaller vehicles at a higher rate than last year, and some models are well below days-to-turn numbers Continue reading

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North American auto production increases

Manufacturing of new vehicles in North America increased 12 percent compared to one year ago, according to J.D. Power and Associates. Continue reading

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GM to increase Volt output

General Motors recently announced its intent to create approximately 16,000 new Chevrolet Volts this year. Continue reading

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Used car prices on the rise

As a result of the low supply of vehicles on the market, used car prices have jumped to levels that have not been seen in 16 years. Continue reading

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Electric cars may come with rebates

U.S. Transportation Secretary Ray LaHood recently said during a meeting with Nissan executives that the Obama administration is pushing for new legislation that would allow consumers to receive a tax rebate on electric cars more quickly. Continue reading

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