News out of Washington, D.C. is pretty grim for GMAC Inc. Automotive News is reporting that a congressional panel said today that the company still lacks a business plan even after receiving more than $17 billion from the government, and that the Treasury Department has been lax about requiring the bank to repay taxpayers. [...]
With many major automakers declaring bankruptcy, thousands of car dealers closing their doors, and some brands ceasing production entirely, it can safely be said that, from the auto industry’s perspective, 2009 was a horrible year to sell cars. In fact, by the end of the year only about 10.4 million new cars had been sold [...]
It has long been the case in the housing market that buyers who want their offers accepted should get pre-qualified first, and include a pre-qual letter in their offer package. These days the same is also true when it comes to car shopping.
According to an article recently posted at Philadelphia’s news portal Philly.com, even [...]
Okay, let’s be honest, we all have too many credit cards. I know I do and I know I struggle to keep a handle on the balances. My Depression-raised late father would not be pleased. That’s why I’m not sure Toyota Financial’s launch of a Toyta-branded credit card is that great an idea — even [...]
