The folks at Chubb Insurance and Motor Trend are talking about a cool new app designed for folks who collect classic autos. With data provided by Keith Martin’s Sports Car Market, the new Classic Car Guide gives users a host of information about the exact car being purchased. All you need is the VIN and [...]
You know the rules about getting a good deal on a new car: always do your homework, bring your own financing, always negotiate, and shop near the end of the month for the best deals, but what about Black Friday? Is there anything to be gained from car-shopping on the day after Thanksgiving? Actually, yes. [...]
Automotive News is reporting today that an Obama administration-backed bill that would allow small car dealers to receive federally guaranteed loans of up to $5 million – more than double the $2 million originally proposed – passed the Senate. The provision is part of a bill that is designed to help small businesses, and also [...]
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. The [...]
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 [...]