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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
Posted in Auto Industry News, Finance
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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
Posted in Auto Industry News, Car Loan
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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
Posted in Auto Industry News, New Car Loan
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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
Posted in Auto Industry News, Car Loan
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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
Posted in Auto Industry News, Auto Loan
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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
Posted in Auto Industry News, Car Loan
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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
Posted in Auto Industry News, Car Loan
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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
Posted in Auto Industry News, Finance
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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
Posted in Auto Industry News, Used Car Loan
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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
Posted in Auto Industry News, New Auto Loan
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