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Posts Tagged ‘general’

Obama Motors

Friday, July 10th, 2009

Since the US of A is the largest investor in General Motors, and has controlling interest of the company, do we have anything to worry about now that GM just got out of bankruptcy?
The local, county, state, and federal governments all buy a lot of vehicles. When was the last time you saw a police [...]

GM to File for Bankruptcy

Saturday, May 30th, 2009

According to several sources, General Motors will be filing for Chapter 11 Bankruptcy as soon as Monday, June 1st, 2009

Cash For Clunkers Program Info

Thursday, May 21st, 2009

http://money.cnn.com/2009/05/05/news/companies/cash_for_clunkers/index.htm?postversion=2009050518
Cash for clunkers’ program gets a makeover – May. 5, 2009
WASHINGTON (CNNMoney.com) — The Obama administration has signaled its support for a congressional effort that aims to boost the troubled car industry by subsidizing new cars sales for consumers who scrap old ones.

GM to Close Thousands of Dealerships

Tuesday, April 28th, 2009

Lots of employees at GM Dealers are looking for work as GM gets ready to close the doors on thousands of dealerships.

Is CapitalOne the next auto lender to go away?

Thursday, February 26th, 2009

CapitalOne Auto Finance recently started requiring dealers to provide the lender with proof that the vehicle is licensed with CapitalOne as the lienholder BEFORE funding the auto loan. Not only is CapitalOne requiring dealers do this to fund the auto loan, but they are doing it without asking for it on the approval, and they [...]

Inside Information from a Mortgage Lender

Friday, January 2nd, 2009

Understand more about mortgages. How they work, and how to get a home loan.

A Quick Guide To Better Credit

Friday, December 19th, 2008

Credit 101. If you want to learn about credit and what your credit score means to you, look no further. We have adopted Credit Unlimited’s comprehensive guide. More than anything, we aim to clean up some of the myths that have developed about credit.

Should I Trade My Car? Or Sell it?

Saturday, August 9th, 2008

Many financial experts suggest that one not use an old car as a trade in when purchasing a new car. In fact, trading in your old car may ultimately cost you more or hurt your chances to get approved for an auto loan.
Most auto dealers have a certain amount of price flexibility.  The more [...]

Banks Stop Lending on Trucks and SUVs

Saturday, June 14th, 2008

Several “sub-prime” or “secondary” auto lenders recently change their lending guidelines to reflect current market conditions. When gas got up to $3.00/gallon, consumers barely flinched. Maybe because they could see it coming for a while. Once gas hit $4.00 to $5.00/gallon it changed the way people thought about their cars, their lifestyle, and their budget.

GM stock goes lower on news.

Saturday, May 17th, 2008

GM stock taking an unnecessary hit? Is there anyone in America, much less the world, that doesn’t know the economy is hurting US carmakers? Yet the spin doctors at GM announce a reduction in the manufacturing of their most profitable vehicles: big SUVs.
Accordng to Bloomberg News; April 14 (Bloomberg) — General Motors Corp., the world’s [...]

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